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Malabar Group Announces Scholarships for Over 3,900 Girl Students, Reinforces its Vision for Women Empowerment

Malabar Group, a leading Indian business conglomerate and the parent company of Malabar Gold & Diamonds, announced its Educational Scholarships for girl students in Telangana for the 2024–2025 academic year.

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The announcement was made during an event at The Telangana State IAS Officers Institute in Somajiguda, Hyderabad. This announcement marks a significant milestone in the Group’s flagship CSR initiative, the Malabar Scholarship Programme, which underscores its commitment to supporting girls’ education. The event was inaugurated by Smt. D Anasuya Seethakka Garu, Minister for Panchayat Raj & Rural Development (including Rural Water Supply), Women & Child Welfare, Government of Telangana. The Group’s top leadership, including, Mr Asher O, MD – India Operations – Malabar Group, Mr. Siraj PK, Retail Head – Rest of India – Malabar Gold & Diamonds, Mr. Mohammed Shareej K, Zonal Head, Malabar Gold & Diamonds, Mr. Shanib K, Zonal Head, Malabar Gold & Diamonds were also present at the event along with other management team members of Malabar Gold & Diamonds, customers, well-wishers and students. This year, the scholarship program in India has earmarked a budget of ₹16 crore to support the education of over 21,000 girl students. In Telangana, a total of ₹3.14 crore has been allocated to assist the education of more than 3,900 girl students across 116 colleges in the state.

Since its inception, Malabar Group has demonstrated a strong commitment to inclusive growth through its social welfare activities. In 1999, the Malabar Charitable Trust (MCT) was created to structure and expand these efforts. The group allocates 5% of its profits to CSR initiatives, which span education, healthcare, environmental sustainability, and poverty alleviation, focusing on empowering marginalized communities.

The Malabar National Scholarship Programme, launched in 2007, is a flagship initiative under its CSR framework. To date, over ₹60 crore has been contributed to support the programme, providing financial aid to more than 95,000 girl students across India & over ₹13.74 crore has been contributed to the support of more than 22,400 girl students in Telangana State. By focusing on girls’ education, Malabar Group aims to uplift not just individuals but entire communities, ensuring future generations are equipped with the tools for social and economic progress.

In addition to the scholarship programme, the Malabar Group’s Hunger-Free World Project provides nutritious meals to the underprivileged across the country. Supported by a strong network of volunteers and partnerships with local NGOs, the initiative is committed to eradicating hunger and ensuring food security for all. Currently, over 60,000 food packets are distributed daily in 81 cities across 17 states in India. Additionally, 10,000 food packets are provided every day to school students in Zambia. Malabar Group aims to scale the project to serve 100,000 people daily at 200 centres. The Hunger-Free World Project is being implemented in collaboration with Thanal, a voluntary organisation, which is active in social service. 
 

The Malabar Group has also launched the Grandma Home project, which provides free, fully equipped accommodation for destitute women, offering them protection and care. Currently, homes are operational in Hyderabad and Bengaluru, with plans to expand to major cities in Kerala, as well as Chennai, Kolkata, Delhi, and Mumbai. 

We have also established 581 micro-learning centers across 12 states, dedicated to educating dropout students. To date, we have supported over 25,800 students.  

The Group’s CSR initiatives aimed at uplifting marginalized communities include medical aid for the underprivileged, support for housing construction, and financial assistance for the marriages of women in need. To date, the Malabar Group has invested over ₹282.29 crore in various social responsibility projects, reflecting its commitment to sustainable development.

Malabar Group’s continued focus on impactful initiatives such as education and hunger relief exemplifies the company’s belief that sustainable growth is only possible when communities are empowered and supported in every way possible. This dedication will remain at the heart of all future endeavours as the Group continues to expand both its business and social responsibilities.

Speaking about the initiative, MP Ahammed, Chairman, of Malabar Group, said, “Education is the most powerful tool to change the world. Our scholarship programme is a direct reflection of Malabar Group’s deep-rooted belief that education unlocks opportunities and transforms lives. We are committed to removing barriers for young girls so they can fulfil their educational aspirations and contribute meaningfully to society.”

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Belgian Prime Minister Bart De Wever opens expanded HRD Antwerp laboratory in Mumbai

HRD Antwerp is increasing its research capacity in Mumbai by 30%. The official opening, which takes place as part of a two-day visit by Prime Minister Bart De Wever to India, marks an important next step in the growth of HRD Antwerp in India

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 In the presence of Belgian Prime Minister Bart De Wever, HRD Antwerp, Europe’s leading authority in diamond and jewellery grading and a subsidiary of the Antwerp World Diamond Centre (AWDC), officially opened its renovated and significantly expanded laboratory in the Bandra Kurla Complex (BKC) in Mumbai, India. Thanks to the expansion, HRD Antwerp is increasing its research capacity in Mumbai by 30%. The official opening, which takes place as part of a two-day visit by Prime Minister Bart De Wever to India, marks an important next step in the growth of HRD Antwerp in India, one of the world’s leading centres for the trade and cutting of natural diamonds.

For HRD Antwerp, a grading report is not an administrative document but a guarantee of trust, transparency and authenticity. As an independent, neutral party between science, industry and consumer, HRD Antwerp is a worldwide guarantor of objective and reliable diamond and jewellery grading, a principle the organisation has upheld since its founding. HRD Antwerp was established in 1973 and has been active in India since 2012. Today it serves around 1,500 clients there, including jewellery manufacturers and retailers, as well as companies that produce and trade cut diamonds.

The Indian branch now accounts for 59% of HRD Antwerp’s total group revenue and is expected to grow by 15.4% this year, compared with a projected growth of 12.6% for the group as a whole. Jewellery grading is an important growth driver in this respect: as much as 47% of HRD Antwerp’s total revenue increase comes from that segment.

“As the authority in grading reports for natural diamonds and diamond jewellery, and in research into natural diamonds, we are already firmly established in India today”, says Paul De Wachter, CEO of HRD Antwerp. “India remains the world’s most important centre for diamond cutting. For a diamond laboratory such as HRD Antwerp, which provides cut natural diamonds with an independent and objective grading report, it is therefore essential to keep investing in this market.”

 Thanks to the expansion, HRD Antwerp in Mumbai can now examine and grade up to 2,000 diamonds per day, a capacity increase of 30%. To support this additional capacity, HRD Antwerp is recruiting 40 additional employees to work full time. The investment underlines HRD Antwerp’s confidence in the Indian market and strengthens the longstanding cooperation between Belgium and India within the international diamond and jewellery sector.

During the opening, Prime Minister Bart De Wever was given a tour of the renovated office.  He was shown the diamond grading process and was able to examine a diamond up close himself using a microscope. The demonstration was provided by HRD Antwerp’s Indian experts.

Alongside the Prime Minister, also present were Paul De Wachter, CEO of HRD Antwerp, Ramakant Mitkar, Managing Director of HRD Antwerp India, Chirag Shah, Vice Chairman of AWDC, Didier Vanderhasselt, Belgian Ambassador to India, and Frank Geerkens, Consul General of Belgium in Mumbai.

Paul De Wachter, CEO of HRD Antwerp: The visit of our Prime Minister underlines the importance of cooperation between Belgium and India within the global diamond sector. India and Antwerp together form two indispensable links in the international diamond chain. With this expansion, we are investing not only in additional capacity, but above all in the future of our cooperation with the Indian diamond and jewellery sector.”

Bart De Wever, Prime Minister of Belgium wrote the following message in HRD Antwerp’s guestbook during his visit: ” Sicut adamas fulget, ita fiducia inter gentes monet.  As a diamond shines, so trust endures between nations “

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