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**Summary:**

Telangana Chief Minister Revanth Reddy inaugurated a fully integrated manufacturing unit of Malabar Gold & Diamonds in Maheswaram, Ranga Reddy district. He emphasized the stability and continuity of industrial investment policies in Telangana across different regimes, assuring investors of continued support. The new facility, the largest of Malabar’s units, represents a ₹1,000 crore investment and will significantly boost Hyderabad’s position in gold jewelry manufacturing. It will also support the upcoming Bharat Future City project. The group has already hired 1600 of the planned 2750 skilled artisans with 40% of the workforce coming from the local population.
**News Article:**

**Telangana CM Inaugurates Massive Malabar Gold & Diamonds Facility, Pledges Investment Stability**

**HYDERABAD, July 3, 2025** – Chief Minister A. Revanth Reddy today inaugurated a state-of-the-art, fully integrated manufacturing unit of Malabar Gold & Diamonds in Maheswaram, Ranga Reddy district, marking a significant boost for Telangana’s industrial sector. During the opening, the Chief Minister reaffirmed the state government’s commitment to maintaining stable and investor-friendly policies, highlighting the continuity of such policies across previous administrations.

“Telangana means business,” asserted Reddy, addressing investors and assuring them of continued incentives and support for new projects. He emphasized that Hyderabad, already a hub for pharmaceuticals and IT, is poised to become a major center for gold jewelry manufacturing, thanks to the Malabar Group’s investment.

The newly inaugurated facility represents a total investment of ₹1,000 crore (including gold stocks), with ₹200 crore dedicated to the facility and equipment itself. Spanning 3.45 lakh sq. ft, the unit brings together all critical operations under one roof, including design, refining, manufacturing, quality assurance, hallmarking, warehousing, and supply chain management. Malabar Group says the plant will have the capacity to produce over 4.7 tonnes of gold jewellery and 1.8 lakh carats of diamond jewellery annually, along with an annual gold refining capacity of 78 tonnes.

Malabar Group Chairman M.P. Ahammad, present at the inauguration, stated that this is the largest among their 14 manufacturing units across India and the GCC countries. The facility has already onboarded 1,600 of the 2,750 planned skilled artisans, with a focus on local recruitment, making up 40% of the workforce.

Chief Minister Reddy also highlighted the strategic location of the new facility, noting its proximity to the planned Bharat Future City project. This 30,000-acre development aims to enhance Hyderabad’s competitiveness on the global stage.

Industries and IT Minister D. Sridhar Babu encouraged the Malabar Group to explore opportunities for expanding their furniture manufacturing operations in Telangana as well.

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