Malabar Gold & Diamonds Unveils Global Expansion with 20 New Showrooms

Malabar Gold & Diamonds, the world's sixth-largest jewellery retailer, plans to open 20 new showrooms in October. These will be located across various states in India and countries including UAE, Qatar, Saudi Arabia, and North America. The expansion aims for sustainable growth and enhanced customer experience.

Malabar Gold & Diamonds, the world's sixth-largest jewellery retailer, announced on Thursday its ambitious plan to launch 20 new showrooms in October as part of its global expansion strategy.

The company will inaugurate three new showrooms in Uttar Pradesh, two each in Delhi, Maharashtra, Karnataka, and Rajasthan, and one each in Odisha, Telangana, West Bengal, and Punjab.

Internationally, new showrooms will open in Muwaileh in Sharjah, Muaither in Qatar, Nakheel Mall in Saudi Arabia, and locations across North America.

'Opening 20 new showrooms in October aligns with our vision to become the world's leading retail jeweller. Our expansion plan focuses on sustainable and responsible growth that not only drives our business forward but also benefits society,' Malabar Group Chairman M P Ahammed stated.

The new showrooms will offer a diverse range of traditional and contemporary jewellery collections, along with a personalized shopping experience.

Malabar Gold currently operates 355 showrooms across 13 countries.

(With inputs from agencies.)