Latest news with #MalabarGroup
Daily Tribune
3 days ago
- Business
- Daily Tribune
Bahrain gets exclusive Arabic Jewellery brand as Malabar expands retail concept
TDT | Manama Bahrain has been chosen as one of only two Gulf countries to host two showrooms of a new jewellery brand dedicated exclusively to Arabic designs, following a regional rollout by Malabar Gold & Diamonds. The new concept, branded 'Mojawhraty by Malabar', was launched across six locations in the GCC, with outlets in Bahrain, the UAE, Saudi Arabia and Oman. Bahrain now hosts two branches, at Bahrain City Centre and Bab Al Bahrain, making it a key destination in Malabar's regional strategy to serve Arab consumers. Cultural identity The initiative marks a significant shift in the retail giant's strategy, as it moves beyond general collections to offer a niche brand focused entirely on Arabic jewellery traditions. The designs available under the Mojawhraty brand are crafted in 18K, 21K, and 22K gold, and also feature certified natural diamonds. Malabar Group Chairman M.P. Ahammad said the concept was part of the company's larger goal of becoming the top global jewellery retailer. 'Expanding our design portfolio across diverse cultural and value chains is a key focus. With six showrooms across the GCC and more on the horizon, we are confident that Mojawhraty by Malabar will be welcomed with open arms by jewellery lovers in the region,' he said. Arab appeal According to Malabar officials, the new format aims to reflect the preferences of modern Arab consumers while staying rooted in heritage. 'The rich legacy of Arabic jewellery and its profound cultural relevance has long inspired us,' said Abdul Salam K.P., Vice Chairman of Malabar Group. 'With Mojawhraty, we have created a distinct platform that will offer customers an immersive and personalised retail experience focused exclusively on Arabic design traditions.' Each piece is backed by the 'Mojawhraty Promise', which includes benefits such as guaranteed buyback, lifetime maintenance, 100 percent value on diamond exchange, and exclusive use of certified stones. Further growth The brand plans further expansion across the region, with company officials confirming that the GCC debut is only the beginning of what they described as an 'ambitious growth roadmap.' The launch of Mojawhraty follows Malabar's ongoing efforts to strengthen its international retail footprint. The group currently operates more than 400 showrooms across 13 countries, with annual revenues exceeding $7 billion.
Fashion Value Chain
04-07-2025
- Business
- Fashion Value Chain
Malabar Gold & Diamonds Unveils Mega Unit in Hyderabad
Global jewellery giant Malabar Gold & Diamonds has inaugurated its largest-ever integrated manufacturing unit in Hyderabad, strengthening India's position as a global manufacturing hub for fine jewellery. Located at General Park, Maheshwaram, the sprawling 3.45 lakh sq. ft. facility unites design, refining, production, hallmarking, quality control, warehousing, and supply chain management under one roof — making it a one-of-a-kind global benchmark in the jewellery industry. Equipped with cutting-edge technologies and staffed by over 2,750 artisans from 18 states, the facility can annually produce 4.7 tonnes of gold jewellery and 1.8 lakh carats of diamond jewellery. It also boasts a refining capacity of 78 tonnes of gold per year and contributes to the group's total global production of 40.68 tonnes of gold and 3.61 lakh carats of diamonds annually. Inaugurated by Telangana CM Revanth Reddy alongside Malabar Group leadership, the new unit aligns with the brand's vision: 'Make in India, Market to the World.' Chairman M.P. Ahammed said, 'This world-class facility is a symbol of our commitment to quality, sustainability, and India's rich legacy of craftsmanship.' Managing Director Asher O noted that the Hyderabad unit will be central to Malabar's planned expansion across 22 Indian states and 3 UTs this fiscal year. Executive Director Nishad A.K. highlighted advanced R&D, in-house design studios, and technologies like 3D printing, CNC machining, and laser cutting that make this facility a benchmark for innovation and efficiency. The unit also focuses on employee welfare with skill development centers and dedicated housing, and features international consultants and machinery from the USA, Germany, Italy, and Turkey to maintain global standards. Malabar Gold & Diamonds now operates 14 manufacturing units across India and the GCC, supporting over 400 retail showrooms worldwide and reinforcing its reputation as the world's 5th largest jewellery retailer. True to its ESG commitments, the group sets aside 5% of net profits for community initiatives, with a focus on health, housing, education, women empowerment, and the environment.
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.
The Hindu
03-07-2025
- Business
- The Hindu
Stability in policies for industries hallmark of Telangana: Revanth Reddy
Stability in policies for industries, particularly a focus on attracting investment by encouraging investors, remains the hallmark of Telangana government, Chief Minister A. Revanth Reddy said on Thursday. Be it the Congress regime led by YSR, TDP rule under N. Chandrababu Naidu (in erstwhile Andhra Pradesh) or BRS rule under K. Chandrasekhar Rao, there was always a continuity in industrial investment policy, he said while inaugurating an integrated manufacturing facility of Malabar Gold & Diamonds in Maheswaram, near Hyderabad. Governments change, but the policies' direction remains, he said at the opening of the facility that the Group had announced in 2021 during the BRS regime. Telangana means business, the Chief Minister asserted, seeking to assure investors the government will continue to extend incentives for those setting up projects. Stating Hyderabad, which is a hub for pharmaceutical and information technology industries, will come to be known for gold jewellery manufacturing too with project, he said that the Group had chosen the right place, right State and right city. People of Telangana are the largest consumers of gold, he remarked. Vision document by Dec. Mr. Revanth Reddy said that the spotlight will be on Maheswaram for it forms part of the ambitious Bharat Future City project his government is proposing on about 30,000 acres for providing an edge to Hyderabad in its competition with global cities. The government's Telangana Rising vision document, for which multiple agencies, including those from Singapore, have been engaged, will be ready by December, he said. Malabar Group said the new facility is the largest among its 14 manufacturing units across India and the GCC countries. Spanning 3.45 lakh sq. ft on a land parcel of more than four acres, it brings all the critical operations such as design, refining, manufacturing, quality assurance, hallmarking, warehousing and supply chain management under one roof. It will have an annual production capacity of over 4.7 tonnes of gold jewellery and 1.8 lakh carats of diamond jewellery along with an annual gold refining capacity of 78 tonnes. Of the 2,750 skilled artisans to be employed, about 1,600 have been onboarded. The Group will be commissioning the refinery shortly. Chairman M.P. Ahammad and the senior leadership team members said total investment, with gold stocks, on the project is ₹1,000 crore, of which ₹200 crore is on the facility and equipment. About 40% of the workforce of the facility is recruited from local population. Industries and IT Minister D. Sridhar Babu said Malabar Group, which is also into furniture manufacturing, to explore opportunities to set up production facilities for the same in Telangana.
Daily Tribune
01-07-2025
- Business
- Daily Tribune
Malabar Gold & Diamonds crosses 400 showrooms globally
Malabar Gold & Diamonds, the 5th largest jewellery retailer globally, proudly celebrates a major global milestone with the launch of its 400th showroom. The showroom was inaugurated by M.P. Ahammad, Chairman, Malabar Group, in the presence of O. Asher, Managing Director – India Operations; K.P. Veerankutty, Group Executive Director; Salish Mathew, Group Chief Marketing Officer; P.K. Siraj, Head – Retail Operations (Rest of India); N.K. Jishad, Regional Head – North; and other senior management team members, customers & well-wishers. This landmark expansion was marked by the opening of a new showroom at Noida, India, reinforcing the brand's rapid global expansion. With a current turnover of USD 7.36 Billion and presence in 13 countries, the brand is targeting an exponential increase in revenue to USD 9 Billion and to open 60 showrooms expanding its presence to 15 countries and 22 States and 3 Union Territories India in the current FY. As Malabar scales its retail footprint, it remains committed to generating employment, with plans to expand its global workforce to nearly 27,250 management team members: further solidifying its status as one of the world's most trusted and responsible jewellery brands. Mr. M.P. Ahammed, Chairman of Malabar Group, stated, 'We have a comprehensive business strategy in place targeting expanding with 60 new showrooms and manufacturing units, aiming for a turnover of USD 9 Billion in the current financial year, and committing an investment of over USD 600 Million to drive growth.' 'Our expansion will create additional 3,500 direct employment opportunities, in addition to supporting the large jewellery manufacturing ecosystem,' commented Mr. Abdul Salam KP, Vice-Chairman of Malabar Group. ''We are the largest jewellery retailer crafting, promoting, and selling jewellery that is an intersection of Indian art, culture, heritage, and tradition to a global audience across 13 countries and an ambitious expansion plan is in place which involves strengthening our retail presence in existing regions with more showroom launches, as well as charting expansion into new countries such as New Zealand and Ireland in the current financial year, increasing our total presence into 15 countries', commented Mr. Shamlal Ahamed, Managing Director – India Operations, Malabar Gold & Diamonds. Adding to this, Mr. Asher O, Managing Director – India Operations, Malabar Gold & Diamonds, said, 'We will be strengthening our presence within existing and new states and union territories reaching a total of 22 States and 3 Union Territories by end of this financial year.
