Patna, September 18, 2020:
- Featuring brand ambassador Bollywood actor Anil Kapoor, Malabar brings the unique virtual store launch concept to Bihar for the first time
- The store marks Malabar Gold & Diamonds’ foray into Patna in Bihar
- The store launch is a part of global expansion plan of the Group
Malabar Gold & Diamonds, one of the largest gold and diamond retail chains in the country, will inaugurate its first store in Patna in Bihar through a unique virtual store launch event on September 19, 2020. Brand ambassador Bollywood actor Anil Kapoor and Malabar Group Chairman M P Ahammed will grace the first-of-its-kind virtual store inauguration event which will be streamed on its official Facebook page.
Located at Boring Canal Road, the lavish showroom is a part of its global expansion plan of the jeweller and its vision to strengthen retail presence in eastern India. The jeweller said that it will hold virtual store launches to inaugurate showrooms across India, going forward, to comply with the safety and security guidelines in the post-Covid scenario.
The spacious store in Patna with an area of 5500 square feet will offer a safe and hygienic retail environment to its customers by adopting all the necessary precautions and safety measures. As the brand enjoys tremendous goodwill across the country and beyond banking on exceptional products and services, the aesthetically designed will offer the jewellery buyers of the state exquisite jewellery retail experience.
“The store in Patna will help us further expand our presence in eastern India. The virtual store launch will bring an element of novelty to our main foray into Bihar. Our retail expansion is a part of our plan to become the number one gold retail brand in the world in terms of both showroom count and sales. So, we have plans to triple the number of showrooms in the next five years,” said Malabar Group Chairman MP Ahammed.
“What makes our brand appealing to the global consumers is our highly diversified product range, immaculate designs, and impeccable after-sales services,” he added.
“Our unparalleled transparency in pricing and quality has helped us win customer confidence across the country and beyond. We want to offer our unique services, facilities and unmatched variety to the customers in Bihar,” said O Asher, Managing Director, India Operations, Malabar Gold & Diamonds.
The jewellery retail chain offers exquisitely designed gold jewellery for all occasions across age groups. It offers world-class facilities along with lifelong free maintenance, one-year free insurance on products, buy-back guarantee, zero deduction for exchange, etc. It also offers maximum value while selling or exchanging old gold as well as advance booking facility by 10% of the value upfront to its customers.