India’s jewellery export sector has achieved another significant milestone as Malabar Gold & Diamonds executes its first jewellery export to the United Kingdom under the India–UK Comprehensive Economic and Trade Agreement. The development highlights the growing global acceptance of Indian jewellery craftsmanship while strengthening trade ties between India and the UK.
Quick Summary
- Malabar Gold & Diamonds executed its first jewellery export to the UK under the India–UK Trade Agreement.
- The company is among the first Indian jewellers to export under the agreement.
- The inauguration ceremony was held at Vanijya Bhawan, New Delhi.
- The initiative strengthens India–UK trade relations in the jewellery sector.
- Malabar plans further expansion across the UK, US, Canada, and other international markets.
- The company currently operates more than 445 showrooms across 14 countries.
A Major Milestone for Indian Jewellery Exports
Malabar Gold & Diamonds, the world’s fourth largest jewellery retailer and a responsible jeweller, has exported jewellery to the United Kingdom under the India–UK Comprehensive Economic and Trade Agreement. With this, Malabar Gold & Diamonds has become one of the first Indian jewellers to export jewellery to the UK under the agreement. This marks a significant milestone in the company’s international growth journey as well as in India’s jewellery export sector.
Inauguration Ceremony at Vanijya Bhawan
The inauguration ceremony for Malabar Gold & Diamonds’ jewellery exports to the UK under the India–UK Trade Agreement was held at Vanijya Bhawan, New Delhi. The event was attended by British High Commissioner to India Lindy Cameron, Commerce Secretary Rajesh Agrawal, Malabar Gold & Diamonds North India Regional Head Mohammed Jishad N.K., representatives of the Gem & Jewellery Export Promotion Council (GJEPC), and senior government officials.
Chairman’s Statement on the Trade Agreement
The India–UK Trade Agreement will help strengthen economic cooperation between India and the United Kingdom while creating new opportunities for the Indian jewellery industry, said M.P. Ahammed, Chairman of Malabar Group.
Commitment to Global Expansion
“It is a matter of great pride for Malabar Gold & Diamonds to be among the first jewellers to export under this agreement. Following the philosophy of ‘Make in India, Market to the World,’ we have been consistently striving to take Indian craftsmanship to global markets. This has also enabled us to create large-scale employment opportunities. Our first export to the UK is a proud milestone for both us and the Indian jewellery industry. It will help us further strengthen our supply chain, deliver greater value to customers, and enhance our competitiveness in the UK market. We see this as the beginning of stronger trade relations between India and the United Kingdom. Even as we expand our business globally, we remain committed to ensuring the highest standards of quality, trust, and responsible business practices,” added M.P. Ahammed.
Future Expansion Plans
Malabar Gold & Diamonds has planned significant business expansion in the UK, the US, Canada, and other countries through its Western Value Chain. In addition to its existing presence, the company plans to open more than 30 new showrooms in these markets. By becoming a part of the India–UK Trade Agreement from its very inception, Malabar Gold & Diamonds has further reinforced its commitment to leveraging new opportunities in global markets through responsible sourcing while adhering to international quality standards and regulatory requirements.
Strengthening India’s Global Jewellery Presence
With more than 445 showrooms across 14 countries, Malabar Gold & Diamonds continues to strengthen India’s position in the global jewellery industry by bringing world-class jewellery designs and superior manufacturing excellence to international markets.
About Malabar Gold & Diamonds
Malabar Gold & Diamonds was established in 1993 and is the flagship company of Malabar Group, a leading diversified Indian business conglomerate. With an annual turnover of $9.41 billion, the company currently ranks as the 4th largest jewellery retailer globally and operates a strong retail network of over 450 showrooms across 14 countries, supported by offices, design centres, wholesale units, and manufacturing facilities across India, the Middle East, the Far East, the USA, the UK, Canada, Australia, and New Zealand. The group, owned by more than 3,500 shareholders, has over 30,000 professionals from more than 26 countries working towards its continued growth.
FAQs
What milestone has Malabar Gold and Diamonds achieved?
The company has completed its first jewellery export to the United Kingdom under the India–UK Comprehensive Economic and Trade Agreement.
Where was the inauguration ceremony held?
The inauguration ceremony took place at Vanijya Bhawan, New Delhi.
Why is this export significant?
It marks one of the first jewellery exports by an Indian jeweller to the UK under the India–UK Trade Agreement and strengthens India’s jewellery export sector.
What are Malabar Gold & Diamonds’ expansion plans?
The company plans to expand its presence by opening more than 30 new showrooms across the UK, the US, Canada, and other international markets.
How many countries does Malabar Gold & Diamonds operate in?
The company operates more than 445 showrooms across 14 countries.
Source: SVAR Media Network
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