Malabar Gold & Diamonds launches its 110th Outlet in Guntur

Posted by baynews on Feb 17th, 2014 and filed under Vizag Special. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

2_6Bay News Network, Visakhapatnam: Malabar Gold & Diamonds, the leading jewellery retailer unveiled one more showroom in Guntur. The outlet is located in Lakshmipuram main road was inaugurated by Tollywood actress, Kajal Agarwal along with Grandhi Kantha Rao, Chairman Crane Industries, in the presence of MP. Ahamad, Chairman Malabar Group, Asher, Group’s Executive Director, on Sunday.

The outlet in Guntur is the 110th worldwide and 11th in Andhra Pradesh. Inaugural offeer was also announced on the occasion. On every purchase of gold or diamond jewellery, customers will get Rs.120/- per gram as special offer for a limited period.

If it is a diamond jewellery purchase, the customers get special discounts & privileges on diamonds during the inaugural limited period.

Malabar Gold & Diamonds focus has always been on providing a wide range of choices for jewellery customers who seek excellent value for money. But, their true strength is the shopping experience, with appealing stores staffed by friendly and knowledgeable jewellery consultants who are trained to help the customers in their purchasing decisions.

Their branded jewellery collection includes Era- Uncut Diamond Jewellery, Ethnix- Handcrafted Designer Jewellery, Mine- diamonds unlimited, Divine- Indian Heritage Jewellery, Precia- Precious Gem Jewellery and Starlet- Kids Jewellery.

The retail chain has 110 outlets worldwide, out of which 74 are in india and 36 are in the GCC countries. In Andhra, Malabar Gold & Diamonds already have 10 showrooms in Hyderabad, Vijayawada, Vishakapatnam, Rajahmundry, Kakinada, Tirupati, Kurnool. Few more are planned in other parts of Andhra Pradesh in the coming years. The group also represents the Far East with 1 outlet in Singapore and now they are looking for expansion in Hong Kong, Malaysia and Indonesia. The company is also planning to spread their wings to European markets starting with UK and US.

When it comes to CSR activities, the group is also in the forefront. They set apart 10% of its net profit to the benefit of needy and focus primarily in five priority areas such as health, education, environment, housing and women empowerment.

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