Malabar Gold and Diamonds Launches New Store in Cuttack, Odisha | Odisha News | Latest news from Odisha
Cuttack: Malabar Gold and Diamonds, one of the largest gold and diamond retail chains in the country, launched its new Cuttack store on April 9, 2022. The store was inaugurated by the famous Indian film actor Sabyasachi Mishra in the presence of management officials and other dignitaries.
Located in Cantonment Road, Cuttack, the new store offers a wide range of collections as well as fair prices for jewelry with reasonable manufacturing fees starting at 4.9%. The store offers a wide range of gold, diamond, gemstone and bridal collections. This store also offers exclusive designer jewelry sub-brands of Malabar Gold and Diamonds such as Divine Indian Heritage Jewelry, Viraaz Royal Polki Jewelry, Uncut Era Jewelry, Precia Gemstone Jewelry, Ethnix Handcrafted Designs, Zoul lifestyle jewelry and more.
The launch of the new store is part of the brand’s aggressive business expansion plan. With over 280 stores in 10 countries, Malabar Gold and Diamonds is ranked among the top 5 jewelry retailers in the world. Cuttack’s new store will be the brand’s second store in Odisha, but another showroom in Odisha is set to open soon in Chandrasekharpur, Bhubaneswar, a testament to the brand’s commitment to its customer base in the city.
“The high quality and range of products that our customers in Odisha have come to expect from us will be available at our Cuttack store. We aspire to be more accessible to our customers and meet their needs with each new store launch,” said Malabar Group. President MP Ahammed..
Well known for maintaining transparency in business practices, Malabar Gold and Diamonds has introduced the Fair Price Promise, which focuses on allocating reasonable manufacturing fees to a wide range of products. Apart from this, Malabar Gold & Diamonds offers its customers the assurance of 10 promises, including a transparent price tag showing the stone weight, net weight and stone load of the jewellery, guaranteed lifetime maintenance for jewelry, 100% value for gold when reselling old gold jewelry, 100% BIS hallmark certifying the purity of the gold, IGI and GIA certified diamonds ensuring quality control in 28 points of the standards global markets, buy-back guarantee, responsible sourcing and fair labor practices.
As part of the group’s CSR initiative, Malabar Gold & Diamonds will allocate 5% of the profits made by the HSR Layout store to various charitable and philanthropic activities in the region.