Malabar Gold & Diamonds (MGD), the sixth largest jewellery retailer globally with a retail presence of 350 showrooms across 13 countries, has unveiled its second showroom in the UK at Leicester, a statement said.
The new showroom was inaugurated by Peter Soulsby, City Mayor for Leicester in the presence of MGD's international operations managing director Shamlal Ahamed, UK and Europe head of operations Mohammed Ziad, regional head Santhosh T, zonal head Naufal Thadathil, other management team members, customers and well-wishers.
Located on Belgrave Road's Golden Mile, the new showroom spans over 2,000sft and features an impressive collection of over 20,000 jewellery designs from 20 countries, catering to bridal, occasional, daily, and office wear in gold, diamonds, and precious gems.
“We began our operations in the UK a year ago with our first showroom in London, and it gives me immense pride that we are launching our second showroom in the UK, in Leicester, within such a short span, which is a testament to the trust placed by our customers," Malabar Group chairman M P Ahammed said.
"We remain committed to elevating the jewellery shopping experience for customers with world-class products and assurances like transparency, 100% value for exchange, lifetime maintenance, etc. With every new store opening, we are inching one step closer to our vision of becoming the leading global jewellery retailer”, he added.
“There is a very vibrant Indian sub-continent community here in the UK who deeply appreciate the artistry of Indian handcrafted jewellery," Shamlal Ahamed said.
"We have ambitious expansion plans in the UK and Europe region with immediate openings planned in Southall and Wembley in London, as well as Birmingham and Manchester”, he added.
In pursuit of promoting India's renowned indigenous craftsmanship on a global scale, MGD has embarked on an ambitious expansion plan, which involves strengthening their retail presence in existing regions with more showroom launches, as well as charting their expansion into new countries such as South Africa, Egypt, Bangladesh, Turkey and New Zealand.
Malabar Group vice chairman Abdul Salam K P, added: “Responsibility and sustainability are woven into our business fabric, from sourcing LBMA-certified bullion and conflict-free diamonds to ensuring transparency with customers, fair labour practices, and contributing to society through ESG initiatives. In line with the Make in India and Market to the World initiative, we will remain committed to bringing Indian handcrafted jewellery to a global audience”.
