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 Malabar Gold and Diamonds is a BIS certified Indian jewellery group headquartered in Kozhikode, Kerala, India. It was founded by M. P. Ahammed in the year 1993. The company has more than 260 showrooms across 10 countries at present which mak ...

, one of the world's largest retail jewellery groups. According to the Economic Times, in 2012 Malabar Gold and Diamonds made a turnover of

₹ The Indian rupee sign (₹) is the currency symbol for the Indian rupee (ISO 4217: INR), the official currency of India. Designed by D. Udaya Kumar, it was presented to the public by the Government of India on 15 July 2010, following its select ...

120 billion, and by the end of 2013, the company's turnover touched

220 billion.

Early life

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 Copra (from ) is the dried, white flesh of the coconut from which coconut oil is extracted. Traditionally, the coconuts are sun-dried, especially for export, before the oil, also known as copra oil, is pressed out. The oil extracted from copr ...

Career

Malabar Gold and Diamonds

M. P. Ahammed is the founder of

, a BIS certified Indian jewellery group based in

Kozhikode Kozhikode (), also known in English as Calicut, is a city along the Malabar Coast in the state of Kerala in India. It has a corporation limit population of 609,224 and a metropolitan population of more than 2 million, making it the second la ...

, Kerala, India. The company was established in the year 1993 with a revenue of

5 million. He is also the company's current chairman. Malabar group has 250 showrooms across 9 countries at present. The group is also involved with Green Thumb, a brand that produces organic farming products and Eham Digitals, a home appliances company.

Malabar Developers

In 2005, marking the launch of Malabar Group of Companies’ real estate division, the first commercial building of Malabar Developers was launched at

. In 2014, Malabar Developers initiated the plans for

Mall of Travancore Mall of Travancore(MOT) is a shopping mall located in Thiruvananthapuram, Kerala, India. Developed by Malabar Group, it is the first shopping mall in Thiruvananthapuram. The mall was initiated by Malabar Developers in 2014 and was completed in 2 ...

, which was designed to be a shopping mall of global standards. With many environment-friendly initiatives, it is also the first green Mall in

India India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the so ...

. The foundation stone for

was laid by the then

Chief Minister of Kerala The chief minister of Kerala is the chief executive of the Indian state of Kerala. In accordance with the Constitution of India, the governor is a state's ''de jure'' head, but ''de facto'' executive authority rests with the chief minister. Fol ...

Oommen Chandy.

Eham Digital

Eham Digital is a retail business owned by Malabar Group that produces, and sells

electronics The field of electronics is a branch of physics and electrical engineering that deals with the emission, behaviour and effects of electrons using electronic devices. Electronics uses active devices to control electron flow by amplification ...

home appliance A home appliance, also referred to as a domestic appliance, an electric appliance or a household appliance, is a machine which assists in household functions such as cooking, cleaning and food preservation. Appliances are divided into three ty ...

s and

gadget A gadget is a mechanical device or any ingenious article. Gadgets are sometimes referred to as '' gizmos''. History The etymology of the word is disputed. The word first appears as reference to an 18th-century tool in glassmaking that was develo ...

s. Eham Digital was launched in

with largest showroom of its kind in

Kerala Kerala ( ; ) is a state on the Malabar Coast of India. It was formed on 1 November 1956, following the passage of the States Reorganisation Act, by combining Malayalam-speaking regions of the erstwhile regions of Cochin, Malabar, South ...

Dulquer Salmaan Dulquer Salmaan (born 28 July 1986) is an Indian actor, playback singer and film producer who predominantly works in Malayalam and Tamil films, in addition to Telugu and Hindi films. He graduated with a bachelor's degree in business management ...

Personal life

M. P. Ahammed is married to K. P. Subaida, and together they have two children. His son Shamlal Ahammed is the company's managing director of International Operations.

References

{{DEFAULTSORT:Ahammed, M P 1957 births Indian businesspeople Indian jewellers Living people Indian billionaires