Malabar Gold & Diamonds attracts global attention at Dubai Expo 2020
TDT | Manama
The Daily Tribune – www.newsofbahrain.com
Malabar Gold & Diamonds, a leading global jewellery retailer with over 260 retail outlets across ten countries, is garnering global attention at the World Expo 2020 by showcasing the art, culture, heritage and tradition of Indian handcrafted jewellery.
Inaugurating the India Pavilion at Expo 2020, Piyush Goyal - Union Minister of Commerce & Industry, appreciated Malabar Gold & Diamonds contributions to the manufacturing of Indian hand-crafted jewellery and for taking the lead role as an Indian international jewellery brand in showcasing the country’s cultural heritage, art and craft to the global audience.
M P Ahammed, Chairman of Malabar Group, along with the leadership team from the group met with Piyush Goyal to discuss ‘Make in India, Market to the World’ initiative.
This concept aims to introduce jewellery manufactured in India to the global audience, thus helping boost exports and create employment and skill development opportunities across various fields, including jewellery manufacturing, sale, supply chain, and IT.
“It gives us immense happiness to be representing India at Dubai Expo 2020, a global stage showcasing the excellence in art, culture, trade & technological advancements,” said M P Ahammed, Chairman, Malabar Group.
M P Ahammed had welcomed the Indian government’s decision to implement mandatory hallmarking for gold artefacts earlier this year.
He also added that it has further increased trust and credibility in the industry, congratulating and thanking the government for this landmark decision.
In the last 28 years, Malabar Gold & Diamonds has transformed into a global player across the verticals of gold and diamond jewellery retail, manufacturing, and multi-retail businesses.
Following the brand’s international expansion plans, Malabar Gold & Diamonds aims to triple its retail network to over 750 outlets by 2025.
This large-scale growth of the company is also creating several job opportunities.