Malabar Gold & Diamonds opens showroom in Shivamogga

Malabar Gold & Diamonds, one among the world’s major jewelry retailers and flagship company of Malabar Group, has expanded its network in Karnataka with the inauguration of its new showroom in Shivamogga (Shimoga). This is the 14th showroom in India’s southern state of Karnataka.
The spacious and artistically done showroom was inaugurated by popular South Indian actor Puneeth Rajkumar in the presence of Malabar Gold and Diamonds MD O. Asher on Aug. 22. The showroom is located opposite to State Bank of Mysore, B.H. Road, Shivamogga.
Apart from displaying jewelry specific to the culture and celebrations of Karnataka, the store displays the exclusive range of sub-brands from Malabar Gold & Diamonds: Mine — diamond jewelry, Era — uncut diamond jewelry, Precia — precious gem jewelry, Divine — Indian heritage jewelry, Ethnix — handcrafted designer jewelry, and Starlet.
The showroom also has a stock of platinum jewelry apart from gold and diamond and silver jewelry.
Asher said: “Apart from showcasing latest collections in traditional as well as contemporary designs, understanding the cultural ethos and ornamental preferences of a region has played a pivotal role in making the retail jeweler popular among the masses, cutting across cultures and geographical boundaries.”
Having 134 showrooms in nine countries, expansion plans in India include new showrooms in Nellore (Andhra Pradesh), Vadodara (Gujarat) and Nagercoil (Tamil Nadu). On the international front, more showrooms are planned in the Middle East, South Asia, the United States and the UK.
Apart from being a successful business entity, Malabar Group has always been in the forefront of social responsibility initiatives, earmarking five percent of its annual profit for CSR initiatives in the field of health, education, housing, environmental conservation and women’s empowerment.