India's Malabar Gold & Diamonds, the 6th largest jewellery retailer in the world with over 325 showrooms in 11 countries, has launched its first state-of-the-art jewellery manufacturing facility in West Bengal, India.
The manufacturing unit, built with an investment of $18 mn was inaugurated by Dr Shashi Panja, Honourable Minister-of-State, Industries, Commerce & Enterprises, Child Development and Women Development & Social Welfare Department, Government of West Bengal, in the presence of Malabar Group Chairman M P Ahammed, Malabar Gold & Diamonds, India Operations Managing Director O Asher, Malabar Group Executive Director Nishad A K, and other senior Malabar Gold & Diamonds team members, dignitaries and well-wishers.
The manufacturing unit employs over 850 people to produce a varied range of exquisitely crafted jewellery including gold, precious gemstones, and diamonds. equipped with advanced technology and unparalleled workmanship. The unit has an annual manufacturing capacity of 4 tonnes of jewellery and 36,000 ct. of diamond studded jewellery. The first-of-its-kind manufacturing unit has been designed keeping in mind the goals of the company and the comfort of the artisans.
Commenting on the inauguration of the unit, Ahammed said: "West Bengal is one of the major jewellery manufacturing hubs and the state has a deep-rooted tradition of excellent workmanship. The state boasts of the largest number of skilled artisans and goldsmiths in India. We are pleased to open our first manufacturing unit in the state to be a part of the valuable tradition of jewellery making. We are grateful to the government of West Bengal for supporting us to set up the manufacturing unit. The unit will play a key role in our mission, 'Make in India. Market to the world.' Our goal is to build an indisputable design leadership of India across the world, continue to cater to the evolving customer demand, surpass their expectations and offer high-quality craftsmanship to our customers a world-class shopping experience."
Aruna Gaitonde, Editor in Chief of the Asian Bureau, Rough & Polished
