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Malabar Gold & Diamonds is an Indian jewellery group headquartered in Kozhikode, Kerala. The company was founded by M. P. Ahammed in 1993. [ 2 ] As of May 2023, it owns more than 330 showrooms across 11 countries, making it one of the largest chains of jewellery retailer in the world.
This page was last edited on 19 December 2022, at 14:37 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
He is also the founder of Malabar Gold and Diamonds, one of the world's largest retail jewellery groups. [1] According to the Economic Times, in 2012 Malabar Gold and Diamonds made a turnover of ₹120 billion, [2] and by the end of 2013, the company's turnover touched ₹220 billion. [3]
Best Indian Diamond Jewellery of the Year by Retail Jeweller Middle East innovation Awards (2019) [21] Listed as the 69th richest Indian in Forbes India’s Richest List [ 22 ] (2022) Joy Alukkas climbed to the position of richest jeweller in India with a rank of 50, his estimated net worth is $4.4 billion.
Pure Gold Jewellers is a recipient of the "Best Service Performance Brand" award in the large business category for five years: 2007–2008, 2008–2009, 2009–2010, 2011–2012, 2012–2013 and 2014–2015 under the Dubai Service Excellence Scheme (DSES) of the Dubai Department of Economic Development, making it the only company to have won it five times. [6]
In 2020, in the middle of the COVID-19 pandemic, it opened its first store in Dubai. Since then, the brand has launched stores across UAE (Dubai, Abu Dhabi and Sharjah) as well as in USA, Qatar and Singapore. By the end of 2023, the brand had 14 stores outside of India, and announced plans to continue to expand its international footprint. [4]
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