~Set to create 725
jobs across emerging and high-growth markets, strengthening Malabar’s
leadership in jewellery retail~
Calicut : Malabar Gold & Diamonds, one of the world’s largest and
most trusted jewellery retailer has announced a major retail expansion with the launch of 20 new showrooms
in just 20 days marking one of the fastest showroom rollout initiatives in the
Indian jewellery sector. The latest expansion drive will take the total global showroom
count to 445 showrooms across 14 countries, with presence in 22 states and
Union Territories across India further reinforcing its position as one of the
most trusted and expansive jewellery retail chains in the world.
The expansion entails a total investment of INR 1,580 crore and
is expected to generate over 725 employment opportunities, underlining the
group’s continued commitment to India’s economic growth, 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.
The milestone comes at a moment of national pride following India’s
recent T20 World Cup triumph, reflecting the spirit of ambition, resilience,
and collective excellence that continues to power India’s growth story.
Speaking on this landmark, Mr. 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 to
redefine leadership in the global jewellery industry while actively
contributing to India’s economic growth.
ESG (Environmental, Social & Governance) initiative has been the
primary commitment of Malabar Group since its inception in 1993, with 5% of net
profits set aside towards such initiatives in each country of operations. The
key focus is in the areas of Health, Hunger Free World, Housing, Education,
Women Empowerment & Environment.