National News
Malabar Gold & Diamonds Launches New Showroom in Panvel
Malabar Gold & Diamonds, the responsible jeweller proudly announces its latest showroom in MCCH society, Panvel, Navi Mumbai. Spanning an expansive 3146 sq. ft., the new store is designed to offer customers a world-class shopping experience with an exquisite collection of jewellery across diverse designs and styles. This launch marks another step in the brand’s commitment to expanding its footprint in Western India while delivering exceptional craftsmanship and service.
The showroom marks the brand’s 43rd outlet in the Western region of India, further strengthening its presence and leadership in the region. The new showroom inauguration ceremony was graced by the presence of Shri Ramsheth Thakur, Former Member of the Lok Sabha, alongside members of the management team, valued customers, and well-wishers.
With a global footprint of over 390 plus showrooms across 13 countries—including India, the Middle East, the USA, the UK, Canada, and Australia—Malabar Gold & Diamonds is renowned for its wide-ranging collections, exceptional quality, and customer-centric approach. Strengthening its presence further, the brand is set to expand with 12 new showrooms opening across India in March, reinforcing its commitment to making premium jewellery more accessible. Backed by a dedicated team of 22,000 multilingual employees across 26 countries, the brand has served over 15 million satisfied customers worldwide.
The new showroom offers an extensive collection of gold, diamond, platinum, gemstone and silver jewellery, designed to suit various tastes and occasions. From traditional designs that reflect India’s cultural heritage to contemporary styles for modern sensibilities, the showroom caters to diverse preferences.

In a statement marking the momentous occasion, MP Ahammed, Chairman of Malabar Group, stated, “We are excited to open our showroom in Panvel, a city known for its strategic location, rapid urban development, and rich cultural heritage. At Malabar Gold & Diamonds, we are dedicated to offering jewellery that combines timeless elegance with exceptional craftsmanship. With a strong focus on quality, integrity, and customer satisfaction, we look forward to bringing our finest collections to Panvel and providing an unforgettable shopping experience to the vibrant community here.”
The showroom is designed to provide a flawless shopping experience to the customers, with elegant displays and a highly trained team to guide customers in selecting their perfect jewellery. The space aims to provide customers with an unparalleled jewellery shopping experience, complete with spacious interiors and ample parking.
This showroom launch underscores Malabar Gold & Diamonds’ vision of becoming the world’s most preferred jeweller, combining traditional craftsmanship with modern innovation to create timeless pieces while prioritising sustainability and societal well-being.
National News
India’s Natural Diamonds Exports Lead In Value As Polished LGD Exports Overtake In Volume
Natural Diamonds Continued To Dominate In Overall Export Value Due To Their Substantially Higher Price Realization Per Carat.
India’s export volume of polished lab growns has overtaken that of natural diamonds for the first time.India’s diamond export industry has crossed a historic threshold, with the volume of polished lab-grown diamonds surpassing natural diamonds for the first time. However, a massive pricing disparity ensures that mined gems still command the financial throne.
According to newly released data from the GJEPC for the fiscal year ending March 2026, lab-grown exports surged by nearly 31% to reach 18.84 million carats. Conversely, natural diamond exports contracted by roughly 4%, slipping to 16.00 million carats.
During the fiscal period, natural diamonds accounted for an export volume of 16.00 million carats, with an average price of $760 per carat, generating total fiscal revenue of $12.16 billion. In comparison, lab-grown diamonds recorded a higher export volume of 18.84 million carats; however, with an average price of only $60 per carat, they generated significantly lower total fiscal revenue of US$1.13 billion. While lab-grown diamonds surpassed natural diamonds in volume terms, natural diamonds continued to dominate in overall export value due to their substantially higher price realization per carat.
Despite the revenue gap, the volume flip highlights an astronomical growth trajectory; a decade ago, in fiscal 2015-16, India exported a mere 10,000 carats of lab-grown diamonds. Early data for April 2026 indicates this trend is locking in, with lab-grown volumes edging past naturals at 1.36 million carats to 1.34 million carats, respectively.
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