Malabar Gold & Diamonds Inaugurates 350th Global Showroom in Naperville, Illinois, USA

Naperville, Illinois – April 29, 2024 – Malabar Gold & Diamonds proudly announces the grand opening of its 350th global showroom in Naperville, Illinois, USA. The inauguration ceremony was graced by the presence of esteemed dignitaries, including Somnath Ghosh, Consul General of India in Chicago, Shamlal Ahamed, MD-International Operations of Malabar Gold & Diamonds, Rakesh Patel of Patel Brothers, Joseph Eapen, President of North America operations of Malabar Gold & Diamonds, community leaders, government representatives, and management team members from Malabar Gold & Diamonds, along with valued customers and well-wishers.

M.P Ahammed, Chairman of Malabar Group, expressed his gratitude and excitement, stating, “The launch of Malabar Gold & Diamonds’ 350th Global showroom in the USA is a momentous occasion for us. It symbolizes the expanding presence of our brand in the international jewellery arena. Situated in Naperville, this showroom promises to offer the finest jewellery and shopping experiences to our customers. I extend my heartfelt thanks to all our stakeholders for their invaluable contributions to this significant milestone.”

Spread across 6,400+ sq. ft., the new showroom, located at Patel Plaza in Naperville, features over 30,000 exquisite designs across 25 exclusive brands and collections in gold, diamond, and precious gem jewellery. It offers a diverse selection of bridal jewellery, occasional wear, daily wear, and office wear options. With this addition, Malabar Gold & Diamonds now operates four showrooms in the USA, including locations in Chicago, New Jersey, and Dallas.

Shamlal Ahamed, MD-International Operations of Malabar Gold & Diamonds, commented on the brand’s expansion strategy, saying, “The USA presents a significant opportunity for us, being one of the largest jewellery markets globally. Our aim is to cater to the discerning consumers, particularly the Indian subcontinental diaspora, who appreciate the craftsmanship of Indian jewellery. We look forward to further expansion in North America, with plans to enter key cities such as Los Angeles, Atlanta, San Francisco, Seattle, Austin, Tampa, and Virginia in the USA, along with British Columbia and Alberta in Canada.”

The new showroom in Naperville offers customers an exclusive jewellery shopping experience, complete with a customized jewellery designing facility. Customers can collaborate with expert designers and craftsmen from Malabar Gold & Diamonds to create bespoke jewellery pieces tailored to their preferences.

Abdul Salam K.P, Vice Chairman of Malabar Group, emphasized the brand’s global success and commitment to promoting Indian craftsmanship. “Our achievements in North America underscore the increasing demand for Indian-made jewellery in the western hemisphere. As we continue to expand globally, we remain dedicated to showcasing India’s rich heritage and craftsmanship on the world stage,” he stated.

In line with its mission of social responsibility, Malabar Gold & Diamonds allocates 5% of its net profits towards Environmental, Social, and Governance (ESG) initiatives in each country of operation. The organization focuses on initiatives related to health, hunger eradication, housing, education, women empowerment, and environmental conservation.

Malabar Gold & Diamonds is renowned for its customer-centric policies, including transparent pricing, lifetime maintenance services, guaranteed buyback, certified diamonds, and fair labor practices. The brand’s ESG commitments reflect its ethos of being a socially conscious and responsible global entity.