Dreams do come true especially when you pursue them with determination and zeal. Ahammed started his entrepreneurial journey at the age of 20 when he established a spice trading business. He was born into a family of merchants and landlords. Now he is the owner of the Malabar Group of Companies.
Who is M. P. Ahammed?
M. P. Ahammed, an Indian businessman and the head of the Malabar Group of Companies, was born on 1 November 1957. In addition, he founded Malabar Gold & Diamonds, one of the biggest retail jewelry firms in the world. Ahammed was born to Mammad Kutty Hajee and Fathima. He launched his first agro-product firm at the age of 17. He began selling spices and copra in 1981 when he was 24 years old.
M. P. Ahammed’s life
M. P. Ahammed wed K. P. Subaida and have two kids together. The company’s managing director of International Operations is his son Shamlal Ahammed.
M. P. Ahammed’s education
He completed his schooling from the Government High School in Kozhikode and went on to pursue a Bachelor of Commerce degree from the University of Calicut.
M. P. Ahammed’s journey
He used to deal in cardamom, pepper, and coconuts with the Kozhikode (now Calicut) merchants in Kerala. He soon knew, nevertheless, that his commercial enterprise would not prosper.
After conducting extensive market research, Ahammed discovered that one significant unorganised sector that people were proud of was jewelry. That was all it required. He decided to launch a company in the sector and market his home region of Malabar, mustering all of his confidence.
M. P. Ahammed’s career
The business was founded in 1993 and had $5 million in sales at the time, as per The News Minute. He serves as the company’s current chairman as well. Currently, the Malabar Group operates 350 showrooms in 9 different nations. The group collaborated with Eham Digitals, a manufacturer of household appliances, and Green Thumb, a firm that sells organic farming supplies.
The designs for the complex of Travancore, which was intended to be a shopping complex of international standards, were started in 2014 by Malabar Developers. It is also the first green mall in India with numerous eco-friendly activities. Oommen Chandy, the former Chief Minister of Kerala, laid the cornerstone for the Mall of Travancore.
