Malabar Gold & Diamonds, the world’s fifth-largest jewelry retailer, has opened its second showroom in Canada. The new store is located at the Payal Business Centre in Surrey, British Columbia. Niki Sharma, Deputy Premier and Attorney General of British Columbia, officially inaugurated the showroom.
The Surrey showroom offers more than 20,000 jewelry designs. These include pieces made from 18K, 21K, and 22K gold, as well as diamonds. Customers can find bridal, occasion, daily, and office wear jewelry from over 25 exclusive brands. The store also provides customized jewelry design services and has ample parking for visitors.
Malabar Group Chairman M.P. Ahammed said the expansion shows the company’s growing presence in the global jewelry market. He added, “Our goal is to offer excellent shopping experiences based on quality, service, and trust. We aim to become the world’s number one jewelry retailer.”
This Surrey showroom follows the company’s first Canadian store, which opened in Mississauga in 2023. Shamlal Ahamed, International Operations Managing Director, said the brand has quickly become an important player in Canada’s jewelry market.
“With the second showroom, we are closer to our customers. This helps us celebrate life’s special moments with timeless elegance,” said Ahamed. He also announced plans for rapid growth. The next locations will be Ajax, Calgary, Vancouver, and Montreal.
To celebrate the new store opening, Malabar Gold & Diamonds is offering a special exchange deal. Customers can bring old gold jewelry, bought anywhere, and exchange it for new 22K gold designs with zero deductions. This offer is valid until June 30, 2025.
Malabar Gold & Diamonds is known for its wide global presence, with 402 showrooms in 13 countries. The company is also committed to ethical sourcing and strong Environmental, Social, and Governance (ESG) standards. All jewelry is made from 100% traceable raw materials. The company complies with the standards set by the London Bullion Market Association and the World Gold Council.
Vice-Chairman Abdul Salam K.P. highlighted the company’s focus on ethics. “We aim to be a leading example in the global jewelry industry. Transparency and responsible sourcing guide all our work,” he said.
Since 1993, the Malabar Group has dedicated 5% of its net profits from each country to ESG projects. These include initiatives in health, hunger, housing, education, women’s empowerment, and environmental protection.
One key project is the establishment of 716 micro learning centers across India. These centers provide basic education to more than 32,000 underprivileged children. The company also offers scholarships for girls and runs “Grandma Homes,” free housing for homeless women in Bengaluru and Hyderabad, with plans to expand to other Indian cities.
Malabar Gold & Diamonds continues to focus on ethical growth and sustainable luxury as it expands into new markets.
Founded in 1993, Malabar Gold & Diamonds is the flagship company of the Malabar Group. The company employs over 25,000 people from 26 countries. It operates in India, the Middle East, the Far East, the USA, the UK, Canada, and Australia.
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