Kozhikode, Kerala • Est. 1993
Last updated: 14 March 2026
₹200 - ₹550 per gram
At Malabar Gold & Diamonds, making charges start from ₹200/gram for simple designs and go up to ₹550/gram for intricate bridal and designer pieces.
Malabar Gold & Diamonds , established in 1993 by M.P. Ahammed in Kozhikode, Kerala, has grown into one of the world's largest jewellery retailers with over 350+ showrooms spanning 13 countries across 5 continents. This remarkable transformation from a single store in a small Kerala city to a global jewellery empire with operations in India, Middle East, Southeast Asia, North America, Europe, and Australia represents one of India's most successful retail expansion stories and a testament to the founder's vision and execution.
The brand's founding philosophy centered on two unshakeable principles that Mr. Ahammed established from day one: absolute purity in gold with zero compromise, and transparent dealings with every customer regardless of their purchase size. These values, now embodied in the MGD Assured certification program, have remained constant even as the business scaled from one store to 350+ globally. Every piece of Malabar jewellery comes with the MGD Assured guarantee - promising accurate weight (verified in customer's presence on certified scales), certified purity (BIS hallmarked with HUID), transparent pricing (no hidden charges), and 100% lifetime exchange value at any store worldwide.
Malabar's international presence is particularly notable and unmatched among Indian jewellery retailers. Beyond their strong India network, they operate showrooms in the United Arab Emirates (their largest international market with stores in Dubai, Abu Dhabi, Sharjah, Ajman), Saudi Arabia (Riyadh, Jeddah, Dammam), Kuwait, Qatar, Bahrain, Oman, Malaysia (Kuala Lumpur, Penang), Singapore, USA (New Jersey, Texas, Illinois), UK (London), Canada (Toronto), and Australia (Sydney, Melbourne). This global network serves the substantial Indian diaspora who prefer trusted Indian jewellery brands for weddings, festivals, and celebrations abroad. The ability to buy in India during a visit and exchange at a store near your home in Dubai, London, or New Jersey adds exceptional convenience for NRI families.
The product portfolio at Malabar is thoughtfully designed to serve diverse tastes across regions, age groups, and occasions. Mine is their premium diamond jewellery line featuring internationally certified stones (IGI/GIA certified), contemporary designs, and solitaire collections. Era showcases antique gold designs with traditional craftsmanship that appeals to customers seeking vintage aesthetics. Divine offers temple-inspired religious jewellery with deities, sacred symbols, and traditional South Indian motifs. Precia features colorful gemstone creations with rubies, emeralds, sapphires, and semi-precious stones. Starlet caters to children with safe, age-appropriate, playful designs for naming ceremonies, birthdays, and festivals. Ethnix celebrates regional Indian jewellery traditions with designs specific to different communities. Quorra represents contemporary minimalist aesthetics for young professionals seeking everyday elegance. The variety ensures every customer finds something suited to their style and occasion.
Making charges at Malabar range from ₹200 to ₹550 per gram - positioning them as one of the most competitive among national chains with pan-India presence. This aggressive pricing strategy, combined with quality assurance and international exchange flexibility, has made them particularly popular for wedding jewellery purchases where customers buy significant quantities (often 50-200 grams). For a bridal trousseau of 100 grams, the making charge savings compared to premium chains could be ₹15,000-25,000.
Malabar's manufacturing capabilities are world-class, with large-scale facilities in India producing millions of pieces annually. They employ over 4,000 skilled craftsmen specializing in various techniques from traditional Kerala workmanship to modern machine-assisted manufacturing. Their design team creates fresh collections for each season and festival, balancing traditional aesthetics with contemporary trends while ensuring pieces are wearable and practical. Strict quality control processes ensure consistency across their vast store network - a customer in Australia receives the same quality as one in Kozhikode.
The brand has invested significantly in digital transformation with their e-commerce platform (malabargoldanddiamonds.com) offering an extensive catalog of thousands of designs with delivery across India and select international locations. Virtual try-on features using augmented reality, video consultations with jewellery experts, detailed product videos with 360-degree views, and secure payment options help online customers make informed decisions. Their mobile app provides personalized recommendations and exclusive offers.
Malabar Gold & Diamonds also operates dedicated boutique formats: Mine stores exclusively for premium diamond jewellery in upscale locations, and Quorra stores focusing on contemporary designs for young professionals. These specialized formats provide focused shopping experiences for customers with specific preferences who want a curated selection rather than browsing extensive collections.
The company's CSR initiatives under the M.P. Ahammed Foundation include substantial contributions to education (schools, scholarships), healthcare (hospitals, medical camps), housing for economically weaker sections, and community development across the regions where they operate. M.P. Ahammed is personally known for philanthropic work and simple living despite the business's success, and the organization reflects these values in its culture.
Malabar's loyalty programs reward repeat customers with exclusive benefits, early access to new collections, and special pricing. Their gold savings schemes enable systematic purchase planning with monthly deposits and bonus benefits. Free lifetime maintenance including professional cleaning, polishing, and minor repairs ensures jewellery remains beautiful for generations - available at any of their 350+ stores worldwide.
With employee count exceeding 18,000 globally and revenues consistently among the highest in the Indian jewellery retail sector, Malabar Gold & Diamonds has proven that a Kerala family business can achieve truly global scale while maintaining its founding values of uncompromising quality and customer trust. The brand continues to expand, with new markets and store formats regularly being added to their growing network.
1993
Year Founded
33+
Years of Heritage
₹200
Min Making/gram
Pan-India Chain
Coverage Type
Malabar Gold & Diamonds ensures all gold jewellery is BIS hallmarked with HUID certification. BIS hallmarked with proprietary MGD Assured certification guaranteeing purity, weight accuracy, and fair pricing. Diamonds are IGI/GIA certified. The brand has never compromised on purity across 30+ years.
Malabar Gold & Diamonds's exchange policy: Lifetime free maintenance and 100% exchange value for Malabar jewellery at any store worldwide. Old gold accepted with market-rate evaluation. Exchange valid across all 10 countries of operation.
Learn about gold savings schemes, making charges, BIS hallmark verification, and smart buying tips before visiting Malabar Gold & Diamonds.
Malabar Gold & Diamonds has presence in these cities. Click to see today's gold rates:
Malabar Gold making charges range from ₹200 to ₹550 per gram - among the most competitive for national chains. Plain chains and simple bangles start from ₹200-250/gram, regular jewellery ₹300-400/gram, and elaborate bridal pieces up to ₹550/gram.
Generally yes - Malabar has lower making charges (₹200-550/gram) compared to Tanishq (₹1,000-4,200/gram, or 8–28% of gold value). They're comparable to Kalyan (₹250-600/gram) but often slightly lower. Gold rates are similar across all, so making charges drive the price difference.
Malabar Gold has 350+ stores across 13 countries: India (majority), UAE, Saudi Arabia, Kuwait, Qatar, Bahrain, Oman, Malaysia, Singapore, USA, UK, Canada, and Australia. Their Middle East presence is particularly strong.
MGD Assured is Malabar's proprietary quality guarantee covering: accurate gold weight (verified in your presence), certified purity (BIS hallmarked), transparent pricing (no hidden charges), and 100% exchange value for life. It's their promise of integrity.
Yes, Malabar offers global exchange - you can buy in India and exchange at any of their 350+ stores across 13 countries. This is particularly useful for NRI customers who travel frequently between India and Gulf countries.
Yes, Malabar provides free lifetime maintenance including cleaning, polishing, and minor repairs at any store worldwide. This service ensures your jewellery remains beautiful for generations without additional cost.
Excellent - Malabar's competitive making charges, wide variety (traditional to contemporary), BIS hallmarked quality, and reliable exchange policy make them a popular choice for wedding jewellery. Their global presence is bonus for NRI weddings.