Hyderabad: Malabar Gold and Diamonds opened its seventh outlet in the city, with actor Tamannaah Bhatia inaugurating the new store, at Himayath Nagar, on Sunday.
Malabar group chairman M P Ahammed said given the wider acceptance, they were looking to expand global presence. “This year, we will open more showrooms as well as manufacturing units which will fuel our vision to become top jewellery retailer in the world.”
Bhatia said it was an honour to be the brand ambassador of Malabar Gold and Diamonds. “This brand has been holding the values of quality, trust and transparency for the past two decades,” she added.
Malabar group regional head, Siraj PK said the expansion plan included opening new stores in Karimnagar, Nizamabad and Khammam.
As an inaugural offer, Malabar showroom is offering a special gold coin on every purchase of Rs 30,000 which will be applicable in all Hyderabad stores up to February 11.
Khairatabad MLA C Ramachandra Reddy, MD-Indian operations, O Asher, and MD-International operations, Shamlal Ahammed, and others were present.