Wednesday, June 19, 2024
HomeCompaniesMalabar Gold & Diamonds opens first jewellery making unit in West Bengal,...

Malabar Gold & Diamonds opens first jewellery making unit in West Bengal, 10th in India

Published on

Latest articles

Kotak Mahindra shares rise 4% on RBI nod to Zurich Insurance buying 70% in Kotak General

Kotak Mahindra shares rise 4% on RBI nod to Zurich Insurance buying 70% in...

Vodafone Idea shares zoom 14% today; key technical levels to watch out for

Vodafone Idea shares zoom 14% today; key technical levels to watch out for Vodafone Idea...

Nadeem Amin is the New President for Netstal Americas

Nadeem Amin is the New President for Netstal Americas Netstal appoints Nadeem Amin as its...

SCREEN Launches High-Density SU Ink For Uncoated Papers Used By Truepress JET 520HD Mono

SCREEN Launches High-Density SU Ink For Uncoated Papers Used By Truepress JET 520HD Mono It...


Malabar Gold & Diamonds has launched its first state-of-the-art jewellery manufacturing facility in West Bengal. The manufacturing unit built with an investment of Rs. 150 crore was inaugurated by Shashi Panja, Minister-Of-State,  Industries, Commerce & Enterprises.

Also Read | Malabar Gold & Diamonds opens biggest jewellery showroom in Kozhikode

Located at Gems and Jewellery Park, Ankurhati in the Howrah district and spread over 50,000 sq ft, the manufacturing unit employs over 850 people to produce a varied range of exquisitely crafted jewellery including gold, diamonds, precious gemstones, and diamonds. Equipped with advanced technology and unparalleled workmanship, Malabar Gems & Jewellery Manufacturing Pvt Ltd, Ankurhati unit has an annual manufacturing capacity of 4 tonnes of jewellery and 36,000 ct. of diamond studded jewellery. The first-of-its-kind manufacturing unit has been designed keeping in mind the ESG compliance and comfort of the artisans.

Setting up of the Ankurhati facility is in line with Malabar Gold & Diamonds’ plan to further enhance its manufacturing capabilities to meet the growing customer demand and facilitate its retail operations expansion activities.

Also Read | Malabar Gold & Diamonds to invest over ₹9,000 crore in three years

M P Ahammed, Chairman, Malabar Groupsaidthe unit will play a key role in our mission, ‘Make in India. Market to the World.’ Our goal is to build an indisputable design leadership of India across the world, continue to cater to the evolving customer demand, surpass their expectations and offer high-quality craftsmanship to our customers a world-class shopping experience”.  The company Diamonds has 10 manufacturing units across the country which employ more than 4000 artisans.





Source link

More like this

Kotak Mahindra shares rise 4% on RBI nod to Zurich Insurance buying 70% in Kotak General

Kotak Mahindra shares rise 4% on RBI nod to Zurich Insurance buying 70% in...

Vodafone Idea shares zoom 14% today; key technical levels to watch out for

Vodafone Idea shares zoom 14% today; key technical levels to watch out for Vodafone Idea...

Nadeem Amin is the New President for Netstal Americas

Nadeem Amin is the New President for Netstal Americas Netstal appoints Nadeem Amin as its...