Media release
Bengaluru, Jun 14: Malabar Gold & Diamonds, one of the largest jewellery retail chains in the world has committed an investment of Rs 9,860 crore in India spread over the next three years.
This was announced jointly by Malabar Group chairman MP Ahammed and Malabar Gold & Diamonds India Operations Managing Director O Ashar at an Investors’ Round Table held in Kochi recently.
Union minister of commerce and industry, Piyush Goyal and state industries minister P Rajeev were present on the occasion. Dileep Narayan, head, Treasury and Bullion, Malabar Gold & Diamonds, also participated in the conference.