Malabar Gold and Diamonds
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Founders
· Founded 1993 · Kozhikode, Kerala, India
Malabar Gold & Diamonds is one of the world's five largest jewelry retail conglomerates, operating over 350 luxury showrooms across 13 countries and generating $6.2B+ in annual revenue through transparent hallmarking and ethical gold retailing.
Shamlal Ahamed
Managing Director – International Operations
Built Malabar's international retail network into a + export and overseas business, cultivating customer loyalty across the global Indian diaspora while penetrating local multi-ethnic consumer demographics.
O. Asher
Managing Director – India Operations
Expanded Malabar's footprint across North, West, and East India, transforming a Southern-centric brand into a truly Pan-Indian household jewellery titan.
M.P. Ahammed
Founder & Chairman, Malabar Group
Grew Malabar Gold & Diamonds from a single Kerala shop into one of the top five largest jewellery retail chains on Earth, commanding over 350 showrooms across 13 nations with annual group turnover exceeding ₹51,200 crore (.2 billion).
Malabar Gold and Diamonds was founded in 1993 by M.P. Ahammed in Kozhikode, Kerala, India.
The founders established Malabar Gold and Diamonds with the objective of solving core inefficiencies in Retail / Luxury Goods & Jewelry, laying the foundation for its current global scale.
Even as Malabar Gold and Diamonds scales to billions in revenue, the organization maintains the founders' commitment to innovation and customer-centric execution.