Wide Angle
Malabar Gold & Diamonds’ new outlet in Sydney echoes brand’s ‘Make in India, Market to the World’ motto
The brand has also facilitated a customized jewellery design facility at the showroom enabling enthusiasts to bring to life their designs assisted by experts
Sydney: Malabar Gold & Diamonds is set to begin operations in Australia and has launched its new showroom in 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, UAE, Qatar, Kuwait, Oman, KSA, Bahrain, Singapore, Malaysia, the USA, 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, Malabar Gold & Diamonds; Asher O, MD-India Operations, Malabar Gold & Diamonds; Ajith M, Regional Head – Far East & Australasia, Malabar Gold & Diamonds; Ameer CMC, Head of Finance & Admin, Malabar Gold & Diamonds; Faisal A.K, Head of Manufacturing, Malabar Gold & Diamonds; 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.
Commenting on the occasion, M.P. Ahammed, Chairman, Malabar Group, said, “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 another testimony of our commitment to this initiative. This is also a great success story leveraging the strong trade relationship and recent bilateral free trade agreement between Australia and India. Our growth plan in Australia will lead to significant investments into jobs and the local economy in Australia over the next few years.
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 and craftsmen from the brand.
“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 subcontinent, the jewellery sector in Australia remains a largely untapped one,” commented Shamlal Ahamed, MD – International Operations, Malabar Gold & Diamonds.
“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,” commented Abdul Salam K.P, Vice-Chairman of Malabar Group.
In pursuit of promoting India’s renowned indigenous craftsmanship on a global scale, Malabar Gold & Diamonds 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.
Asher O, MD – India Operations, Malabar Gold & Diamonds said, “Malabar Gold & Diamonds is making remarkable progress in both the international and Indian jewellery sectors, gaining substantial momentum. The brand’s strategic global expansion into new countries and within Indian states such as Rajasthan, Puducherry, Uttarakhand, Jharkhand, Goa, Assam, Tripura, and Jammu and Kashmir is poised to elevate it to the coveted No. 1 position.”
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