M.P. Ahammed of Malabar Gold: Changing Lives Locally
The legacy of M.P. Ahammed, founder and chairman of Malabar Gold & Diamonds, is built on one timeless principle — trust. When Ahammed entered the jewellery business in 1993, India’s gold market lacked transparency and credibility. His vision was simple yet revolutionary: create a brand that guaranteed purity, transparency, and reliability for every customer. From a single showroom in Kozhikode, Kerala, Malabar Gold rapidly grew through Ahammed’s structured and value-driven expansion model. Each store was established on owned land, ensuring stability and long-term value creation, while local investors brought community strength to the business.