The Business Bytes
TBB BUREAU
BHUBANESWAR, MAY 28, 2022
Strengthening its footprint in Eastern India, Malabar Gold & Diamonds, one of the largest gold and diamond retail chains in the country, launched its brand new store at Chandrasekharpur in the Capital City of Odisha on Saturday.
The new store, inaugurated by Odia actor Sabyasachi Mishra in presence of senior management officials, offers a large selection of gold, diamond and precious gemstone jewellery, along with exquisite Kundan, and royal antique designs. Each piece comes with intricate craftsmanship rich in splendor with unique designs. The new store also showcases exclusive designer jewellery sub-brands from Malabar Gold and Diamonds – Era, Precia, Ethnix and more. The brand has also introduced its latest jewellery collections Viraaz Royal Polki Jewellery, Elara diamond collection, Zoul Lifestyle jewellery, providing a wide variety of options to its customers.
The new store provides the largest design variety as well as fair prices for jewellery with reasonable making charges starting from 4.9 percent.
“With every new store launch, we aim to be more accessible to our customers and cater to their every need. This store will provide customers with a world-class shopping experience, superior craftsmanship and a wide variety of designs suitable for every occasion,” said MP Ahammed, Chairman, Malabar Group.
The brand has also introduced rewarding gold purchase plans, ‘Golden Bloom’ and ‘Golden Glow’, which offers customers an opportunity to purchase their favourite designs without paying any making charges and stay protected against gold price hikes.
As part of the group’s CSR initiative, Malabar Gold & Diamonds will allocate 5 percent of the profit earned by the Chandrasekharpur showroom for various charitable and philanthropic activities in the region, Ahammed announced.
With a strong retail network of 280+ stores across 10 countries, Malabar Gold and Diamonds has been rapidly expanding across markets.
