Malabar Gold becomes first Indian jewellery brand to have showroom in Australia
Scripting history as the first Indian International jewellery brand to begin operations in Australia, Malabar Gold & Diamonds, the 6th largest jewellery retailer globally, has launched their new showroom in Australia at Sydney.
The showroom marks Malabar Gold & Diamonds’ expansion into the 13th country of operations.
Currently, the brand has an extensive retail presence of over 340 showrooms spread across India, the UAE, Qatar, Kuwait, Oman, Saudi Arabia, Bahrain, Singapore, Malaysia, the US, the UK, Canada and Australia.
The new showroom was inaugurated by renowned Australian cricketer Brett Lee in the presence of Shamlal Ahamed, MD - International Operations, Asher O, Md-india Operations, Ajith M, regional head – Far East & Australasia, Ameer C M C, head of Finance & Admin, Faisal A K, head of Manufacturing, Shaji Kakkodi, Chief Digital Officer, Malabar Group; representatives from the Sydney government, other senior management team members from Malabar Gold & Diamonds, customers and well
wishers.
“This is a proud moment for us as the first Indian International jewellery retailer to begin operations in Australia. We have been a strong proponent of ‘Make in India; Market to the World’, showcasing the artistry of Indian jewellery on a global stage and expanding into Australia is an
other testimony of our commitment to this initiative,” said Malabar Group chairman M P Ahammed.
“This is also a great success story leveraging the strong trade relationship and recent bi-lateral free trade agreement between Australia and India. Our growth plan in Australia will lead to sig
nificant investments into jobs and local economy in Australia over the next few years. On behalf of Malabar Group, I would like to thank all our customers, management team members, shareholders, and other stakeholders for their invaluable contribution towards helping us craft this historic moment and move
one step closer towards our goal of being crowned as the world’s no.1 jewellery retailer.”
Located at 109 Wigram Street in Harris Park within the Little India Precinct, Malabar Gold & Diamonds’ new outlet will be the largest jewellery showroom in Sydney.
With an extensive collection of jewellery in 18K, 22K gold and diamonds, the showroom will showcase over 30,000 designs across bridal wear, daily wear & and occasional wear.
Malabar Gold & Diamonds has also facilitated a customized jewellery design facility at their showroom, enabling jewellery enthusiasts in the region to bring to life their jewellery design assisted by expert designers & craftsmen from the brand.
“We are extremely excited to begin our operations in Australia. Being our 13th country of operations, our venture into Australia will mark a significant shift in the country’s jewellery landscape. With a large diaspora of immigrants from the Indian Sub-continent, the jewellery sector in Australia remains a largely untapped one.
“Marking a significant shift in the country’s jewellery landscape, we aim to leverage our experience of over 30 years to bring forth an exceptional array of gold, diamond & precious gem jewellery. With our time-tested commitment towards providing customers with an exceptional and transparent jewellery shopping experience, I am sure that we will be able to replicate our global acceptance in Australia as well,” said Shamlal Ahamed, Md-international Operations, Malabar Gold & Diamonds.
With the exclusive usage of 100% traceable raw materials in their jewellery, the brand ensures strict compliance with international standards for transparent gold and diamond sourcing set by globally recognised organisations such as LBMA (London Bullion Market Association) and World Gold Council. The principles of sustainability and responsibility are incorporated into its core business through practices such as zero tolerance on compliance to the rule of law, Antimoney Laundering (AML) & Combating the Financing of Terrorism (CFT), usage of FSC (Forest Stewardship Council) wood for packaging, LEED Gold certified offices and outlets.
“In addition to adding another country to our global operational map, our expansion into Australia further solidifies Malabar Gold & Diamonds’ stature as a truly global enterprise with an expansive outreach across boundaries,” Abdul Salam K P, vice chairman of the group said.