Malabar Gold announce its expansion plans, enters North Indian market

Parent Category: News and Stories
Posted in: Product on Thursday, 10 November 2011 00:00

Malabar Gold, the fastest growing jewellery group has entered the North Indian market with the opening of its first outlet at Karol Bagh, Delhi and 64th worldwide. Smt. Hema Malini, the renowned celebrity and the brand ambassador of Malabar Gold inaugurated the showroom today. This is a part of the Group’s ambitious expansion plans to have business presence across all key cities in India and abroad.

To meet the growing demand, Malabar Gold is planning to add more outlets in Kerala, Tamil Nadu, Karnataka, Maharashtra, Delhi and other parts of the country shortly. It is also planning to roll out its operations into Far East markets like Singapore, China, Malaysia and Indonesia besides spreading its wings to European markets starting with UK, and eventually US in the near future. To celebrate its showroom network expansion into Delhi & North Indian market, Malabar Gold is offering special gifts and discounts to all customers who purchase jewellery from this outlet for 60 days with effect from today.

Jewellery purchased from Malabar Gold is backed by a lifetime maintenance service, free insurance coverage and unique buy back guarantee. Moreover, ornaments purchased from Malabar Gold can be exchanged at any of their outlets wherein the customer has to pay making charges only without any deduction in gold price. The Group also delights its customers by issuing privilege cards with facilities that are enjoyable for a lifetime and also through valuable gold purchase schemes which protect the scheme members from the soaring gold price.

The 6500 sq. ft. showroom, located at one of the most preferred destinations for jewellery shopping – the Bank Street, showcases immaculately crafted BIS 916 gold and PGI certified platinum jewellery in addition to Malabar Gold’s exquisite IGI certified diamond ornaments which are truly unbeatable in quality, value and price. Besides this, the magnificent array of traditional, Kundan, Turkish, Kashmeera and Polki collections are true masterpieces of jewellery.

Like all other Malabar Gold showrooms in South India (Kerala, Tamil Nadu, Karnataka & Andhra Pradesh) and GCC countries (UAE, Oman, Bahrain, Saudi Arabia, Kuwait & Qatar); this outlet will also display & sell Malabar Gold’s magnificent branded jewellery collections which have already set a new trend in the jewellery market. Its branded array of jewellery collections includes ‘Era’ - uncut diamond jewellery, ‘Divine’ - heritage jewellery collection, ‘Ethnix’ - handcrafted jewellery, ‘Precia’ - precious gems jewellery and ‘Starlet’ - kid’s jewellery. What’s more, an entire floor is dedicated to the diamond lovers exhibiting their eye catching collection called ‘Mine’ - diamonds unlimited. A preview show of ‘Mine’ was also arranged at the inauguration.

Malabar Gold, the flagship division of Malabar Group of Companies started its operations in the year 1993 by opening their first outlet in Calicut, Kerala. Within a short span of 19 years, the chain successfully established its position in India and the Middle East with more than 1,200 investors and over 4,000 dedicated staff. Smt. Hema Malini, Padmasree Mohanlal, Music Maestro Ilaya Raja and Junior NTR are the famous celebrities who endorse the brand ‘Malabar Gold’.