Spread across 1.75 lakh sq. ft, the jewellery unit at Kinfra Park in Kerala is set up at a cost of Rs. 250 crore
Bengaluru: Malabar Group, retailers of a BIS-certified Indian jewellery, is opening an integrated complex consisting of a jewellery unit and design studio at Malappuram in Kakkancherry, Kinfra Park to mark the milestone of completing 30 years. The 1.75 lakh sq. ft complex will be inaugurated by Pinarayi Vijayan, chief minister of Kerala on 4 March 2023.
“The Integrated jewellery unit at Kakkancherry, set up at a cost of Rs 250 crore at a sprawling area of 1.75 lakh sq. ft., is going to be the most modern jewellery manufacturing unit in India with the latest technologies and facilities. Innovative modern technology has been incorporated to main zero-level of pollution,” said M P Ahammed, chairman of Malabar Group in a press conference.
“The unit will give employment to more than 1000 people once it is in full stream. 250 of them will be women employees. Currently, around 600 people are already employed in different sections. The facility is ready for formal opening after securing all necessary approvals from the concerned agencies, including the State Pollution Control Board. It has also been certified by the National Environmental Engineering Research Institute (NEERI) of the Government of India,” added Ahammed.
The Malabar Group operates 307 showrooms and 14 manufacturing units, spread across India and abroad. The company is planning to set up new manufacturing units in Jaipur, Surat, Hyderabad and Coimbatore and Bangladesh.
Spread across 10 countries including India, UAE, Bahrain, Kuwait, Malaysia, Oman, Qatar, Saudi Arabia, Singapore and America, the company plans to extend its retail footprint to UK, Bangladesh, Australia, Canada, Egypt, Turkey and South Africa.
Malabar Gold & Diamonds is the flagship company of Malabar Group. Headquartered in Kerala, the company currently has 12 jewellery brands to cater different consumer categories.
