Malabar Gold & Diamonds on relentless expansion drive

Malabar Gold and Diamonds has announced that it has taken its global showroom count to 333 with the simultaneous launch of four showrooms located at Rajouri Garden in Delhi, Ambala in Haryana, Bhavnagar in Gujarat and Jabalpur in Madhya Pradesh. 

After this latest phase of retail expansion in India, Malabar Gold & Diamonds now has 11 showrooms in Delhi, 5 showrooms in Haryana, 7 showrooms in Gujarat, and 4 showrooms in Madhya Pradesh. 

Malabar Gold and Diamonds aims to increase the global showroom count to 365 in FY24. It has a retail presence in 11 countries. The Group is in the process of opening showrooms in Europe, Canada, Australia, and Bangladesh, the company informs.

Commenting on the simultaneous launch of four showrooms, M.P. Ahammed, Chairman, Malabar Groupsaid, “It’s a matter of pride and joy for us to have increased the global showroom count to 333. Our design versatility which perfectly meets the evolving customer sensibilities and commitment to offering quality, transparency, and top-class customer services make us the favourite jeweller among jewellery buyers in India and beyond. As a part of our 30^th anniversary, we are expanding our presence further to reach out to more and more customers. We are grateful to our valuable customers, investors, and our employees for their continued support and encouragement.”