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Shamlal Ahamed is the Managing Director- International Operations of the Indian retail jewellery brand, Malabar Gold & Diamonds. He found himself at the helm of jewellery business retail affairs at a very young age. His modus operandi has witnessed his brand scale great heights in a competitive market. In a span of just two decades, Malabar Gold & Diamonds established itself among the top five jewellery retailers in the world, in terms of volume of sales.
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Early life
Shamlal Ahamed comes from Kozhikode, in the Malabar region of Southern India. As a college student, Shamlal Ahamed was tech savvy so he decided to graduate in Computer Science from University of Calicut (old name of Kozhikode). However, he was always keen to enter the family business. In 2008, Shamlal Ahamed set out for the UAE in order to expand the business in the Middle East Region.
Career
Shamlal Ahamed leads the International Operations of Malabar Gold & Diamonds, a strong retail network of over 156 outlets spread across nine countries, 10 wholesale units in addition to offices, design centers and factories spread across India, Middle East & Far East. With an annual turnover of $4 billion, the company currently ranks among the world’s top five jewellery retailers as of 2016. Shamlal Ahamed ranks among the top business leaders from Kerala in the Middle East.
Furthermore, according to an article in Emirates 24/7, Shamlal Ahamed said that the company has an aggressive development strategy and is planning to expand in new markets while strengthening its presence in key growth markets like India, UAE and Saudi Arabia.
Recognizing the company’s potential in the Middle East, the organization has embarked on expanding their footprints across the region. The group is represented in the Far East with 3 outlets in Singapore and 2 in Malaysia. The group is further looking at expanding into Hong Kong and Indonesia in the next two years. The company is also planning to mark their presence in the European markets starting with UK and US.