The expansion entails a total investment of Rs 1,580 crore and is expected to generate 700+ employment opportunities
Mumbai: Malabar Gold & Diamonds has announced a major retail expansion with the launch of 20 new showrooms before March 31, 2026, marking one of its fastest showroom rollout initiatives. The latest expansion drive will take the jewellery retail chain’s total global showroom count to 445 showrooms across 14 countries, with presence in 22 States and Union Territories across India.
The expansion entails a total investment of Rs 1,580 crore and is expected to generate over 700 employment opportunities, underlining the group’s continued commitment to job creation and retail sector development.
The new showrooms will be launched across Jhansi, Kallakurichy, Gwalior, Chittoor, Haldwani, Theni, Jamnagar, Ranchi, VIP Road (Kolkata), Aligarh, KR Puram (Bengaluru), Inorbit Mall Vizag, Kanchrapara, Serampore, Gokul Road (Hubli), Maninagar, Gurugram Sector 14, Jubilee Hills (Hyderabad), Sangareddy and Guwahati, strengthening the brand’s presence across both emerging and established jewellery markets.
M.P. Ahammad, Chairman, Malabar Group, said, “India’s rise on the global stage is powered by the confidence, aspirations and entrepreneurial spirit of its people. Our decision to launch 20 showrooms in 20 days reflects our strong conviction in the country’s long-term growth potential and our commitment to expanding access to world-class jewellery retail experiences. At Malabar Gold & Diamonds, our journey has always been guided by trust, values, and a vision to create lasting impact for customers, employees and the communities we serve.”
With a rapidly growing global footprint and a steadfast commitment to trust, ethics and retail excellence, Malabar Gold & Diamonds continues its leadership in the global jewellery industry while actively contributing to India’s economic growth.
Malabar Gold & Diamonds was established in 1993 and is the flagship company of the Malabar Group, a leading diversified Indian business conglomerate. Ranked as the 5th largest jewellery retailer globally, it operates a strong network of 425 showrooms across 14 countries, across India, the Middle East, the Far East, the USA, the UK, Canada, Australia and New Zealand.
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