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Malabar Gold & Diamonds created 2.5 km of the chain. [32] It was completely handcrafted and the company created 2.5 km of the chain. [33] The Dubai Celebration Chain was presented at the 2015 Dubai Shopping Festival. [34] In 2018, Malabar Gold & Diamonds opened 11 stores in 6 countries in a single day creating a record in the process. [35]
M. P. Ahammed (born 1 November 1957) is an Indian businessman and the chairman of the Malabar Group of Companies. He is also the founder of Malabar Gold and Diamonds, one of the world's largest retail jewellery groups.
[3] [4] He was the chairman of the PACE Education group, founder and vice-chairman of the Indus Motor Company, [5] and the co-chairman of Malabar Gold. [ 6 ] [ 7 ] [ 8 ] Ibrahim was a recipient of the Indian government's Pravasi Ratna award in 2015.
He is also the company's current chairman. In 2017 he has opened the 15th and world's largest jewellery showroom with 130000 sq feet space of Lalitha Jewellery by spending around 750 crores surpassing Malabar Gold's 110000 sq feet jewellery showroom. Lalitha Jewellery has 50 showrooms across India at present. [6] [12]
Firoz Merchant (born 1958) is an Indian businessman, and philanthropist based in the United Arab Emirates. [2] [3] [4] He is the Founder and Chairman of Pure Gold Group, which consists of FGM Holding, Pure Gold Jewellers, Pure Gold Real Estate Development, La Moda, and Pure Gold Manufacturing.
In 2001, Alukkas founded Joy Alukkas Jewellery. The group is based in Thrissur, Kerala and Dubai. [4] In 2007, he opened a Gold & Diamond jewellery showroom, [5] and a "Diamond Cave" in Chennai, India. [6] In 2012, Joyalukkas was authorized to sell Forevermark branded diamonds from De Beers. [7]
The Troubled-Teen Industry Has Been A Disaster For Decades. It's Still Not Fixed.
While most of the smuggled gold enters India from the UAE, it is also smuggled through the porous borders India shares with Nepal, Bangladesh, Bhutan, and Myanmar. [8] Multiple cases of gold smuggling were reported from Kerala in the past and in its initial days in the 1970s the smuggling was lower volumes transported through sea.