Malabar Group, the diversified business conglomerate and parent company of Malabar Gold & Diamonds, has signed a Letter of Intent (LOI) with the Government of West Bengal to strengthen CSR partnerships and expand the reach of its social initiatives across the state.
The agreement, signed in New Delhi on 1st October 2026, marks a step toward deeper government-corporate collaboration on inclusive development.
A Coordinated Framework for Corporate Social Impact
The engagement aligns with the West Bengal Government's efforts to build a more coordinated, outcome-oriented framework for CSR partnerships, supported through the Finance Department, State CSR Council, West Bengal CSR Portal, and CSR Projects Facilitation Unit. These structures are designed to connect corporate intent with state and district-level development priorities, improving the quality, alignment and scalability of CSR interventions.
MP Ahammed, Chairman, Malabar Group, said CSR is an integral part of the company's culture, adding that the collaboration with the West Bengal Government strengthens the alignment between corporate responsibility and the state's development priorities, and that the group looks forward to building on the partnership for a more inclusive, sustainable future for communities across West Bengal.
The LOI was signed on Malabar's behalf by Thahsil Ahammed, Regional Head (East India), along with Sajid N K, Manufacturing Head, and Shabeer P K, Senior Manager, CSR.
Scale of Malabar's Ongoing CSR Footprint in West Bengal
Malabar Group has earmarked ₹20 crore for CSR initiatives in West Bengal for FY 2026–27, delivered through the Malabar Charitable Trust (MCT) and implementing partner Daya Rehabilitation Trust (Thanal)
The group currently supports 297 Micro Learning Centres, benefiting 11,873 children from underserved communities across the state
It has also provided scholarships to 500 girls to support their education
Malabar Group provides nutritious meals daily to 1,200 beneficiaries across West Bengal and has completed 629 drinking water wells
Its Samman Awas housing initiative for artisans includes a commitment to 140 houses, of which 80 are planned for West Bengal
Support also extends to healthcare, elderly care, and artisan community welfare across the state
At the group level, Malabar Gold & Diamonds has allocated ₹200 crore toward CSR initiatives nationally for FY 2026-27
The Letter of Intent deepens Malabar Group's existing community engagement across West Bengal, opening the door to expanded collaboration on education, healthcare, nutrition, water security and artisan welfare programmes in the state.