Patna/Mumbaili, India,  September, 2020:

Malabar Gold & Diamonds, one of the largest gold and diamond retail chains in the country, inaugurated their first store in Patna, Bihar through a unique virtual store launch event today. Brand ambassador Bollywood actor Anil Kapoor and Malabar Group Chairman M P Ahammed graced the first-of-its-kind store inauguration event streamed on its official Facebook  page https://www.facebook.com/malabargoldanddiamonds/ .

Located at Boring Canal Road, Patna, the spacious store with an area of 5,500 square feet offers a safe and hygienic retail environment to its customers by adopting all the necessary precautions and safety measures. The aesthetically designed store offers jewellery buyers exquisite jewellery retail experience.

The lavish showroom is a part of its global expansion plan of the jeweller and its vision to strengthen retail presence in eastern India. The jeweller said that it will hold virtual store launches to inaugurate showrooms across India, going forward, to comply with the safety and security guidelines in the post-Covid scenario.

“The store in Patna further strengthens our presence in eastern India. The virtual store launch introduced an element of novelty to our main foray into Bihar. Our retail expansion is a part of our plan to become the number one gold retail brand in the world in terms of both showroom count and sales. So, we have plans to triple the number of showrooms in the next five years”, said Malabar Group Chairman MP Ahammed.

“What makes our brand appealing to the global consumers is our highly diversified product range, immaculate designs, and impeccable after-sales services”, he added.

“Our unparalleled transparency in pricing and quality has helped us win customer confidence across the country and beyond. We want to offer our unique services, facilities and unmatched variety to the customers in Bihar”, said O Asher, Managing Director, India Operations, Malabar Gold & Diamonds.

“I’ve been associated with Malabar Gold & Diamonds since a very long time now, I’m grateful to the brand for the making me a part of their unique and exciting store launch. This extravagant store in Patna has all the latest collections offered by the brand and I wish them all the luck for their expansion plans in the future. May the Malabar family only grow!”, said Anil Kapoor, Bollywood actor and brand ambassador, Malabar Gold & Diamonds.

The jewellery retail chain offers exquisitely designed gold jewellery for all occasions across age groups. It offers world-class facilities along with lifelong free maintenance, one-year free insurance on products, buy-back guarantee, zero deduction for exchange, etc. It also offers maximum value while selling or exchanging old gold as well as advance booking facility by 10% of the value upfront to its customers.