Malabar Gold and Diamonds wins two awards at the 48th IGJA 2021

Bombay (Maharashtra) [India], Aug 5 (ANI/NewsView): Malabar Gold & Diamonds, one of the largest jewelry groups, won awards in two categories – Best Job in the Company and Global Retailer of the Year Award at the 48th India Gem & Jewelery Awards (IGJA) 2021 organized by Gem & Jewelery Export Promotion Council (GJEPC). The IGJA awards are known as one of the most prestigious awards in the gemstone and jewelry industry.

The GJEPC has organized these prestigious annual awards for the gemstone and jewelry industry since 1973 to honor the exemplary achievements of leading exporters and for their outstanding export performance, in addition to commending major importers and banks that finance the trade, among others. Ernst & Young LLP, one of the world’s leading multinational professional services providers, is IGJA’s Knowledge Partner. This is a significant achievement for Malabar Gold & Diamonds.

Asher O, Managing Director – India Operations and KP Abdul Salam, Vice Chairman of Malabar Group received the awards during the awards night held at the Grand Hyatt, Mumbai.

“It is a great honor to win the prestigious awards at the 48th IGJA 2021. The awards recognize our strong global presence and commitment to building an efficient workforce to serve our customers with a world-class shopping experience. said MP Ahammed, Chairman, Malabar Group.

A diversified conglomerate present in 10 countries, Malabar Group currently has more than 14,000 employees. The group offers a healthy work environment and offers its employees the opportunity to become investors. It promotes diversity, equality, growth, entrepreneurship, work flexibility among its employees. The Malabar Group has over 280 showrooms in 10 countries and embodies the vision of Make in India, Market to The World. While other Indian jewelers have expanded into the international market as original manufacturers of major global brands, Malabar Group has been able to create its own unique identity as a consumer brand aimed at a local audience.

Malabar Gold & Diamonds will launch 97 showrooms – 60 across India and 37 overseas. This will bring the company’s total showroom count to 373 by the end of March 2023 and the company will have its strong presence in 13 countries.

Malabar Gold & Diamonds is the flagship company of Malabar Group, a leading diversified Indian business conglomerate. Founded in 1993 in the Indian state of Kerala, Malabar Gold & Diamonds today has a strong retail network of over 285 outlets across 10 countries, in addition to several offices, design centers, wholesale units and factories spread across India, Middle East, Far East. the East and the United States. With annual sales of $4.51 billion, the company currently ranks among the largest jewelry retailers in the world. With 14 manufacturing units in India and GCC, the company currently has 12 exclusive jewelry brands to meet the most demanding needs of customers.

This story is provided by NewsSee. ANI will not be responsible for the content of this article. (ANI/NewsView)


(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

Dear reader,

Business Standard has always endeavored to provide up-to-date information and commentary on developments that matter to you and that have wider political and economic implications for the country and the world. Your constant encouragement and feedback on how to improve our offering has only strengthened our resolve and commitment to these ideals. Even in these challenging times stemming from Covid-19, we remain committed to keeping you informed and updated with credible news, authoritative opinions and incisive commentary on relevant topical issues.
However, we have a request.

As we battle the economic impact of the pandemic, we need your support even more so that we can continue to bring you more great content. Our subscription model has received an encouraging response from many of you who have subscribed to our online content. More subscriptions to our online content can only help us achieve the goals of bringing you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practice the journalism we are committed to.

Support quality journalism and subscribe to Business Standard.

digital editor

Sarah C. Figueiredo