Malabar Gold & Diamonds (MGD) has become the first Indian International jewellery retailer to open in Canada with their new showroom in Mississauga, at Heartland Town Centre within the Greater Toronto Area, a statement issued in Doha Monday said.
Canada has become the 12th country in MGD’s global operational map and the second in North America. MGD, currently ranked as the world’s 6th largest jewellery retailer, has an extensive retail presence of over 335 showrooms spread across UAE, Qatar, Kuwait, Oman, Saudi Arabia, Bahrain, Singapore, Malaysia, the US, the UK, Canada and India.
The showroom in Mississauga was inaugurated by Ontario's Associate Minister of Business Nina Tangri, in the presence of MGD managing director (international operations) Shamlal Ahamed, finance and administration director Ameer C M C, regional head (North America)Joseph Eapen, other management team members, customers and well-wishers.
“The opening of our first showroom in Canada brings me immense pride and joy, marking a significant milestone for us as the first Indian International jewellery brand to begin operations in Canada," Malabar Group chairman M P Ahamed said.
Spread across over 7,800sft, the new outlet is the largest jewellery showroom in Canada, housing over 30,000 designs across 25 exclusive brands and collections in gold, diamond and precious gem jewellery. The new store will also showcase an extensive collection of bridal jewellery, alongside a wide range of options for occasional wear, daily wear and office wear.
“As Canada and the US stand out as highly appealing destinations for Indian sub-continental expatriates in the Western hemisphere, the North American market presents vast potential and we have ambitious expansion plans in the region, covering British Columbia and Alberta in Canada. Concurrently, in the US, we are set to expand into Naperville, Chicago; Artesia, Los Angeles; and Atlanta, Georgia," Shamlal Ahamed said.
The Mississauga showroom offers a customised jewellery designing facility, presenting customers with the option to design their own jewellery with the assistance of MGD's expert designers and craftsmen. The showroom is also equipped with a luxurious customer lounge area, enabling comfortable jewellery shopping.
“In addition to being a highlight of our international expansion plan, Malabar Gold & Diamonds’ expansion into Canada will further our aim of showcasing Indian-made jewellery to a global audience; upholding the motto of ‘Make in India; Market to the World’. We have charted an ambitious and exciting plan for the future, which involves strengthening our retail presence in existing regions with more showroom openings and expansion into new territories,” commented Malabar Group vice chairman Abdul Salam K P.
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