Malabar Gold & Diamonds, the world’s fifth-largest retail jewellery group and a responsible jewellery brand, has announced their CSR initiatives worth INR 200 crore for the financial year 2026-27 held at Dr. Ambedkar International Centre in New Delhi in the presence of Piyush Goyal, Union Minister for Commerce and Industry.

At the CSR initiative, the Union Minister inaugurated the distribution of educational scholarships for 33,000 girl students across India. The event was attended by Malabar Group Chairman M.P. Ahammad, Managing Director - India Operations O. Asher, Executive Directors Nishad A.K. and Abdulla Ibrahim, Kerala House Resident Commissioner Puneet Kumar, IAS, Pratham CEO Ms. Rukmini Banerji, and Thanal Chairman Dr. Idris, among others.

Union Minister Piyush Goyal stated that the initiatives of the Malabar Charitable Trust align closely with Prime Minister Narendra Modi’s vision of empowering India’s daughters through programs like Beti Bachao, Beti Padhao.

He added that “Malabar Gold & Diamonds’ decision to allocate INR 200 crore towards CSR will further strengthen the nation’s progress,” emphasizing that India’s growth is rooted in the empowerment of its people - especially women and girls and appreciating the company’s efforts in driving meaningful change through education.”

“He also encouraged students and young citizens to dream big, aspire beyond limitations, and seize the vast opportunities India offers, urging them to contribute actively to the nation’s growth story. He also encouraged students and young citizens to dream big, aspire beyond limitations, and seize the vast opportunities India offers, urging them to contribute actively to the nation’s growth story.”

Malabar Group, Chairman, Mr. M.P. Ahammad highlighted “Human resource development is the backbone of national growth. He noted that nurturing talent through quality education is essential, and that the scholarship programme enables students to achieve academic success and contribute to the country’s development. He added that the group remains committed to creating sustainable, long-term societal impact through significant CSR investments.”

During 2026-27, CSR projects worth INR 200 crore will be implemented across more than 3,000 locations in 19 states, covering 15 major initiatives. These programmes are expected to benefit over 2 lakh people.

Courtesy : AOJ Desk News