Malabar Gold’s Expansion Signals Industry Transformation in India
Rs 600 crore marks Malabar Gold & Diamonds’ latest investment for opening 12 new showrooms by March 2025, raising its network to 391 outlets across India and abroad. The new locations cater to metropolitan, semi-urban, and tier-2 cities, including Mumbai, Pune, Odisha, Jharkhand, Karnataka, Andhra Pradesh, and UP. Over 406 jobs have been generated during this phase, reaffirming the brand’s role in local economies. Malabar’s ambitious plan for 60 new international stores puts it on a fast track toward global market leadership, with new operations set for the Middle East, UK, and Canada. The expansion is aligned with shifting market dynamics, where branded jewellers are gaining traction against unorganized retail, promising precision, quality, and exceptional consumer experiences.