Malabar Gold and Diamonds, one of the largest gold and diamond retail chains in the country, recently opened a new store in Siddipet, Telangana.

The store was inaugurated by Telangana Finance Minister T Harish Rao in the presence of Kotha Prabhakar Reddy, Medak MP, P K Siraj, retail head, Malabar Gold and Diamonds, and senior representatives of the company.

The store is displaying the company latest jewellerv collection, which represents the state's rich traditions. Malabar has also introduced gold purchase plans, namely, 'Golden Bloom' and 'Golden Glow', which provide customers an opportunity to purchase their favourite designs without paying any VA and also stay protected against gold price hikes.

The store, spanning 4,000 sq ft, is located at Bharathnagar. It offers a wide range of gold, diamond, precious gemstone and bridal collections, and showcases the latest Brides of India Collection, with specially curated traditional and contemporary designs.

As part of its retail expansion plans, the company has announced the launch of 22 stores this month. "We are delighted to launch our 16th store in Telangana in Siddipet. With every new store launch, we aim to be more accessible to our customers and cater to their every need. Our Siddipet store will provide customers with a world class shopping experience, superior craftsmanship and a wide variety of designs suitable for every occasion," said MP Ahammed, Chairman, Malabar Group.