M. P. Ahammed

M. P. Ahammed
Born (1957-11-01) 1 November 1957 (age 67)
Kozhikode, Kerala, India
NationalityIndian
OccupationBusinessman
Years active1991 – present
Known forChairman of Malabar Group of Companies
SpouseK. P. Subaida
Children2

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]

References

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