Malabar’s Midas Touch: 20 New Showrooms, ₹1,580 Crore Investment

Malabar Gold & Diamonds has unveiled an aggressive retail expansion plan, with 20 new showrooms set to open by March 31, backed by an investment of ₹1,580 crore.

The company said the rollout is among the fastest in the Indian jewellery sector. Upon completion, its global network will expand to 445 showrooms across 14 countries, with a footprint spanning 22 states and union territories. The expansion is also expected to generate over 725 employment opportunities.

The upcoming outlets will be launched across a wide range of cities, including Jhansi, Kallakurichy, Gwalior, Chittoor, Haldwani, Theni, Jamnagar, Ranchi, Kolkata (VIP Road), Aligarh, KR Puram (Bengaluru), Visakhapatnam (Inorbit Mall), Kanchrapara, Serampore, Hubli (Gokul Road), Maninagar, Gurugram (Sector 14), Hyderabad (Jubilee Hills), Sangareddy, and Guwahati, strengthening the company’s presence in both emerging and established jewellery markets.

News by Rahul Yelligetti.