Piyush Goyal on March 25, 2026, unveiled a ₹200 crore Corporate Social Responsibility (CSR) initiative by Malabar Gold & Diamonds for the financial year 2026–27 at the Dr. Ambedkar International Centre in New Delhi, marking a significant step toward inclusive growth and social impact.
The initiative will span over 3,000 locations across 19 states, covering 15 major programmes aimed at benefiting more than 2 lakh individuals. A major highlight of the event was the launch of scholarships for 33,000 girl students across India, reinforcing the brand’s commitment to education and women empowerment. The programme aligns with national initiatives such as Beti Bachao, Beti Padhao, emphasising the importance of empowering young women through education.
Speaking at the event, Piyush Goyal highlighted that empowering India’s daughters is central to the country’s progress and commended Malabar Gold & Diamonds for its continued investment in meaningful CSR initiatives. He encouraged students to dream big and actively contribute to India’s growth story.
Chairman M. P. Ahammad reiterated that human resource development is the backbone of national progress, adding that the scholarship programme will help nurture talent and enable students to achieve academic success.
Of the ₹200 crore CSR allocation, ₹114 crore has been earmarked for education initiatives, including micro-learning centres for street children and national scholarship programmes. Healthcare initiatives will receive ₹14.2 crore, while ₹30 crore is allocated to the Hunger Free World project, which provides daily meals to over 1,15,000 people across India and abroad. Housing initiatives such as the ‘Grandma Home’ project will receive ₹25 crore, while ₹10 crore is dedicated to environmental protection.
Malabar Gold & Diamonds also continues its partnership with Pratham Education Foundation to expand micro-learning centres for street children from 1,543 to 2,500 centres, increasing enrolment from over 64,000 to 1 lakh students.
Since its inception, the Malabar Charitable Trust has positively impacted over 1.8 million lives through initiatives focusing on education, healthcare, hunger eradication, housing, and environmental sustainability. The company continues to allocate 5% of its net trading profits toward CSR, reinforcing its commitment to ESG-driven growth.
With its expanded CSR roadmap for 2026–27, Malabar Gold & Diamonds aims to further strengthen its role as a socially responsible corporate leader contributing to India’s inclusive development.
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