Shamlal Ahamed

Ahamed took over his father’s jewellery retailing business in 1993. Malabar Gold and Diamonds has 12 jewelry brands and an annual turnover of $4.5 billion, with a network of 250 outlets spread across 10 countries. It has 14 wholesale units, as well as offices, design centers and factories in India, the Middle East, the Far East, and the U.S. Ahamed oversees a workforce of 13,000.