M. P. Ahammed Explained

M. P. Ahammed
Birth Date:1957 11, df=yes
Birth Place:Kozhikode, Kerala, India
Nationality:Indian
Known For:Chairman of Malabar Group of Companies
Occupation:Businessman
Spouse:K. P. Subaida
Children:2
Years Active:1991 – present

M. P. Ahammed (born 1 November 1957) is an Indian businessman and the chairman of the Malabar Group of Companies. He is also the founder of Malabar Gold and Diamonds, one of the world's largest retail jewellery groups.[1]

According to the Economic Times, in 2012 Malabar Gold and Diamonds made a turnover of 120 billion,[2] and by the end of 2013, the company's turnover touched 220 billion.[3]

Early life and career

M. P. Ahammed was born to Mammad Kutty Hajee and Fathima. At the age of 17, he started his first business venture of agro products. In 1981, at the age of 24, he started a trading business of spices and copra.[4]

Ahammed is the founder of Malabar Gold and Diamonds, a BIS certified Indian jewellery group based in Kozhikode, Kerala, India. He is also the company's current chairman.[5]

Personal life

Ahammed is married to K. P. Subaida, and they have two children. His son Shamlal Ahammed is the company's managing director of international operations.[6]

Notes and References

  1. Web site: Top Six Jewellers who control India's Gold.. Economic Times. 3 May 2013.
  2. Web site: Malabar Gold and Diamonds – One of top jewellers in India. . Indiatimes. 2 May 2013.
  3. Web site: Malabar Gold: From Rs 50 lakh to Rs 22,000 crore in just 20 years. 8 January 2016.
  4. Web site: Malabar Gold opens new store at Himayath Nagar. Telangana Today. 28 January 2017.
  5. Web site: Malabar Gold aims to become world's top jewellery retailer . Gulf News. 26 March 2013.
  6. Web site: The Indian jewellery retailer that's now bigger than Tiffany's. 8 May 2018.