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Malabar Gold & Diamond launches new outlet in Hyderabad

Gold and diamond jewellery retail chain Malabar Gold & Diamonds said that it had launched its new showroom in Shahalibanda, Charminar, on September 3. A global chain with over 280 stores across 10 countries, this will be the brand's first outpost presence in the Charminar area, the company said.

MIM president Asaduddin Owaisi, the Hyderabad MP, and Charminar MLA Mumtaz Ahmed Khan inaugurated the store in the presence of Malabar Group management team members O. Asher, managing director-Indian operations, and Siraj P.K, retail head (Rest of India), customers and well-wishers.

The retailer said the store was spread across 8,100 square feet and provided the largest variety in design as well as fair prices for jewellery with reasonable value addition of 4.9 per cent onwards. It said the displayed a range of bridal and traditional jewellery as well as daily wear jewellery in gold, diamond, platinum and precious gemstones.

It also showcased hand-picked designs from the popular sub-brands of Malabar Gold and Diamonds such as Mine diamond jewellery, Era uncut diamond jewellery, Divine Indian heritage jewellery, Ethnix hand-crafted jewellery collection, Precia precious gem-stone jewellery, Zoul lifestyle jewellery, and more.

Malabar Group Chairman M.P. Ahammed said, “We are delighted to launch our newest store.

With every new store launch, we aim to be more accessible to our customers and cater to their every need. Our goal is to become the leading jewellery retail brand in the world in terms of both showroom count and sales.”

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