Latest news with #Ahammad
Time of India
7 days ago
- Business
- Time of India
A vision to align socio-economic change & growth
MP Ahammad chairman Malabar Group of Companies M P Ahammad, chairman, Malabar Group of Companies, outlined how the group holistically integrates ESG principles into its operations. The company, with a turnover exceeding Rs 62,000 crore, allocates 5 percent of its profits consistently towards social welfare. This is more than double the mandated 2percent. 'We believe in giving back to the society from which we earn,' he said. 'We firmly believe that widespread adoption of ESG frameworks by the corporate sector and support of the people can bring about meaningful socio-economic transformation,' he said. The group, which started as a single jewellery showroom in Kozhikode 32 years ago, now operates over 400 outlets across India and abroad.
Time of India
04-07-2025
- Business
- Time of India
Malabar opens largest jewellery plant at 1k cr in Hyderabad
HYDERABAD: Jewellery retailer Malabar Gold & Diamonds unveiled its largest integrated jewellery manufacturing facility globally in Hyderabad with an investment of around ₹1,000 crore. The facility, which is located on a 4.4-acre parcel of land at the General Park in Maheshwaram, has a capacity to produce 17 kg of jewellery per day, which works out to 6 tonnes of jewellery per annum, including 4.7 tonnes of gold jewellery and 1.8 lakh carats of diamond jewellery, Malabar Group chairman MP Ahammad said on Thursday. The facility will also house a refinery with a capacity to process 78 tonnes of gold per annum, said Nishad NK, executive director, Malabar Group, adding that the company has 14 facilities globally, in India as well as in countries such as UAE, Oman, Qatar, and Saudi Arabia, with a total capacity to make 100 kg of gold and studded ornaments per day. Malabar Gold & Diamonds India operations managing director Asher O said the refinery will be developed in two phases, with the capacity to refine the internal scrap generated by the factory to start shortly and a larger setup to be completed in the second phase. You Can Also Check: Hyderabad AQI | Weather in Hyderabad | Bank Holidays in Hyderabad | Public Holidays in Hyderabad Inaugurating the facility, chief minister Revanth Reddy said Telangana has emerged as a destination for global investments thanks to policy continuity across successive govts. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Top 5 Books Warren Buffett Wants You to Read In 2025 Blinkist: Warren Buffett's Reading List Undo "Telangana means business, Telangana means profit. Come and invest in Telangana." He said the govt will be releasing the 'Telangana Rising 2047' document on December 9, 2025, when his govt completes two years. Reddy also said the govt has formulated plans to build the Bharat Future City in Maheshwaram and develop Hyderabad as a global manufacturing hub.
Time of India
24-06-2025
- Entertainment
- Time of India
Kareena Kapoor Khan celebrates the elegance of modern-day women with Malabar Gold and Diamonds
HighlightsMalabar Gold and Diamonds has launched the 'Nuwa by Mine Diamonds' collection, celebrating the elegance and individuality of modern women. The campaign features Bollywood actor Kareena Kapoor Khan and encourages women to #ShineOutLoud with innovative designs like two-in-one rings and zipper-inspired necklaces. Chairman MP Ahammad emphasized that the Nuwa collection redefines luxury and versatility, catering to various moods and occasions. Malabar Gold and Diamonds Jeweller and diamond jewellery retailers, has launched its latest natural diamond jewellery collection ' Nuwa by Mine Diamonds '. With the launch of the special campaign for the latest Nuwa collection featuring Bollywood actor and brand ambassador Kareena Kapoor Khan , Malabar Gold and Diamonds celebrates the elegance, bold individuality , versatility, power and grace of modern-day women . The campaign encourages women to #ShineOutLoud with this collection. Inspired by modern silhouettes, abstract designs with a contemporary edge, the latest Nuwa collection boasts of innovative designs such as two-in-one rings, zipper-inspired necklaces, modern earring styles, rotating bangles, etc. MP Ahammad, chairman, Malabar Group said, 'Further building on the theme of abstract and contemporary forms and the resilience of modern women, our latest Nuwa collection redefines versatility to match every mood, occasion, and ensemble, while also redefining luxury — grand in design, yet light in feel." Watch the video here:
Daily Tribune
24-03-2025
- Business
- Daily Tribune
Malabar Gold & Diamonds to open 12 new showrooms in March Expands global retail network to 391 showrooms across 13 countries
Malabar Gold & Diamonds, the world's 6th largest jewellery retailer, is set to launch 12 new showrooms by March 2025 to further strengthen its presence across India. The latest expansion drive will take the total international showroom count to 391 showrooms across 13 countries, with presence in 19 states across India. The new showrooms will be located at Panvel in Mumbai, Sinhagad Road in Pune, Brahmapur and Soubhagya Nagar in Odisha; Dhanbad in Jharkhand, Hospet, Nagarbhavi and Chitradurga in Karnataka; Nandyal, Amalapuram, Machilipatanam in Andhra Pradesh and Varanasi in UP. Malabar Group has invested over USD 69 Million for this expansion phase and has hired 406 employees in various roles this financial year. Additionally, the brand has plans to launch 60 new showrooms in the year 2025, further expanding its global presence. In April 2025, the Group is set to inaugurate 5 new showrooms across the GCC, the UK & Canada, marking its expansion plans in the international market. Malabar Gold & Diamonds has launched a consumer awareness campaign with prolific actor and brand ambassador NTR Jr. The campaign highlights the brand as a responsible jeweller, emphasizing its commitment to sustainable practices, authentic hallmarked jewellery, and certified natural diamonds. Commenting on the expansion, MP Ahammad, Chairman, Malabar Group said, 'Our expansion plan is aligned with our broader vision of extending our global footprint and offering quality-focused, transparent retail practices coupled with a world-class shopping experience to more people across the world. We are deeply committed to ethical business practices and responsible sourcing, which are at the core of our values. As we continue to grow and enter new markets, each showroom opening represents a step closer to realizing our vision of becoming the world's number one jewellery and luxury brand. This global market penetration not only broadens our reach but also strengthens our position as a trusted brand that offers excellence, integrity, and unparalleled luxury to our customers worldwide.' The new showrooms of the brand will offer a diverse range of traditional and contemporary jewellery collections, coupled with a personalized shopping experience, demonstrating Malabar Gold & Diamonds' dedication to customer service excellence. Malabar Gold & Diamonds operates 10 state-of-the-art factories across India and 5 international units, ensuring worldclass craftsmanship and quality in jewelry manufacturing. Its key facilities in Hyderabad, Jaipur, and Bangalore serve as innovation hubs, equipped with the latest technology to create exquisite designs while adhering to the highest standards of legal compliance, quality assurance, and sustainability. Beyond production, the company places a strong emphasis on employee well-being, occupational health, and safety, fostering a work environment that empowers artisans and upholds global best practices. Malabar Gold & Diamonds is renowned globally for offering an unparalleled jewellery buying experience with convenience and customer-friendly policies along with the 'Malabar Promise' of incomparable quality and service assurance. Apart from this, the Malabar Promise also includes transparent pricing, assured lifetime maintenance from any of the showrooms across 13 countries, guaranteed buyback, tested and certified natural diamonds, 100% value on diamond and gold jewellery exchange, 916 hallmarked jewellery, responsible sourcing, fair price policy, and fair labour practices. Beyond India, Malabar Group's global presence spans across the UAE, Qatar, Kuwait, Oman, Saudi Arabia, Bahrain, Singapore, Malaysia, USA, UK, Canada, and Australia. The company employs over 25,000 professionals from 26 countries. Malabar Gold & Diamonds also operates 14 wholesale units across eight countries, 15 jewellery manufacturing units in five countries, design studios, and boasts over 25 exclusive brand and collections, serving more than 15 million satisfied customers from 100 countries. A cornerstone of Malabar Group's corporate social responsibility initiatives is the 'Hunger Free World' project, which aims to alleviate hunger by providing nutritious meals to the impoverished. Currently, the initiative distributes food packets to 60,000 individuals daily across 81 cities in 17 Indian states. Additionally, 10,000 food packets are distributed daily to schoolchildren in Zambia, Africa. To date, Malabar Group has invested over USD 33 Million in various CSR activities. Additionally, as part of the Malabar Group's ongoing Hunger Free World initiative, 581 micro learning centers have been established across India to provide basic education to street children and facilitate their transition into formal schooling. So far, 25,800 children have been enrolled in these centres, where they receive one year of foundational education to help them return to or begin formal education. Children who graduate high school will receive support for higher studies on campuses across various states, with additional scholarships available to girls as part of the Group's commitment to women's empowerment.
