Malabar Gold & Diamonds set to expand global footprint with 20 new showrooms

Malabar Gold & Diamonds has announced that it is set to launch 20 new showrooms in October as part of its ambitious global expansion strategy. These new locations will bolster the brand's presence in key markets across India, the GCC countries, and the USA, bringing the total number of showrooms worldwide to 375. Currently, Malabar Gold & Diamonds operates 355 showrooms across 13 countries. 

In India, the expansion will see new showrooms opening in Uttar Pradesh (3), Delhi (2), Maharashtra (2), Karnataka (2), Rajasthan (2), Odisha (1), Telangana (1), West Bengal (1), and Punjab (1). Internationally, the brand will strengthen its foothold with new showrooms in Muwaileh, Sharjah; Muitar, Qatar; and Nakheel Mall, Saudi Arabia. Additionally, Malabar Gold & Diamonds will broaden its North American footprint with two new showrooms in Artesia, Los Angeles, and Atlanta, Georgia, the company informs. 

MP Ahammed, Chairman, Malabar Group, commenting on the expansion, said, "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. We take immense pride in being recognized as a Responsible Jewellery House at the India Gold Conference 2023-24, reflecting our unwavering commitment to ethical business practices, responsible sourcing, and sustainability. Every new showroom will embody our core values of trust, transparency, and quality, ensuring an exceptional shopping experience that resonates with our customers."