• Malabar Gold, a Rs.6 billion-turnover company set up in 1993, is promoted by a group of ( NRI) non-resident Keralites based in the Middle East. It is a conglomerate of 18 companies and has varied interests with jewellery as its major business

Malabar Gold to open its 11th showroom
May 16, 2006

Malabar Gold, the leading jeweler, is to open its 11th showroom on Thursday May 18.

The showroom located at Fortune Building at Falnir road, will be inaugurated by Malayalam cine actor Mohan Lal.

This was disclosed by Malabar Group of Companies Chairman M P Ahmed in a press meet on Monday.

The showroom plans to showcase extensive collections of jewellery in gold, platinum and diamonds from India as well as across the globe, featuring international brand names such as Rado, Omega, Tissot and Longines.

The company was launched with alliance of certain NRI’s in 1993. It plans to have around 18 branches by end of 2006.

Malabar Gold has already opened outlets in Bangalore, Hyderabad, Calicut, Tirur, Kannur, Thalassery, Kasargod, Palakkad, Manjeri and Thrissur.

Showrooms at Trivandrum, Ernakulam, Kodungallur, Badagara, Perinthalmanna, Sultan Battery and Kanhangad, are also on the anvil, shortly, he said.

Mumbai , March 10

Malabar Gold on Thursday announced tennis sensation Sania Mirza as its brand ambassador.

"The company is now going national," said Mr M.P. Ahamed, Chairman of Malabar Gold, which is one of the largest sellers of hallmarked gold jewellery in Kerala.

"Sania Mirza is featured in both her current avatar as a tennis icon and in a never-before glamorous look. These two avatars represent Malabar Gold: beauty and quality," Mr Ahamed said.

Malabar Gold also announced its expansion plans across the country. The group will launch its seventh showroom and the first outside Kerala in Bangalore in April. It plans to open more showrooms in Mumbai, Delhi and Hyderabad in a phased manner.