Daily News
Malabar Gold & Diamonds launches 50,000 sq. ft manufacturing unit in West Bengal
The new Ankurhati unit makes for the brand’s 10th manufacturing unit across India, and will play a key role in the brand’s mission ‘Make in India. Market to the World’
Malabar Gold & Diamonds has launched its first state-of-the-art jewellery manufacturing facility in West Bengal. The brand has opened the manufacturing unit in West Bengal to utilise the rich tradition of jewellery craftsmanship of the State and a plentiful supply of gifted artisans.
Located at Gems and Jewellery Park, Ankurhati in Howrah district and spread over 50,000 sq ft, the manufacturing unit employs over 850 people to produce a varied range of 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 manufacturing unit has been designed keeping in mind the ESG compliance and comfort of artisans.
Commenting on the inauguration of the Ankurhati unit, M P Ahammed, Chairman, Malabar Group said, “West Bengal is one of the major jewellery manufacturing hubs and the State has a deep-rooted tradition of excellent workmanship. The State boasts of the largest number of skilled artisans and goldsmiths in India. We are pleased to open our first manufacturing unit in the State to be a part of the valuable tradition of jewellery-making. We are grateful to the Government of West Bengal for supporting us to set up the manufacturing unit. The 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 unit is equipped with the latest technology-enabled machines in collaboration with industry experts from Italy, USA and Germany. Setting up of the Ankurhati facility is in line with the company’s plan to further enhance its manufacturing capabilities to meet the growing customer demand and facilitate its retail operations and expansion activities. Built with an investment of Rs150 crore, it was inaugurated by Shashi Panja, Minister of State (IC), Industries, Commerce & Enterprises, Child Development and Women Development & Social Welfare Department, Government of West Bengal.
Taking into account the Ankurhati unit, Malabar Gold & Diamonds has 10 manufacturing units across India, which employ more than 4,000 artisans.
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