Set to create 725 jobs across emerging and high-growth markets, strengthening Malabar’s leadership in jewellery retail

Malabar Gold & Diamonds, the 5^th largest jewellery retailer globally 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 USD 172 Million 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.

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.

Malabar Gold & Diamonds

Malabar Gold & Diamonds was established in 1993 and is the flagship company of Malabar Group, a leading diversified Indian business conglomerate.  

With an annual turnover of $7.36 billion, the company currently ranks as the 5th largest jewellery retailer globally and today has a strong retail network of over 425 showrooms spread across 14 countries in addition to multiple offices, design centers, wholesale units, and factories spread across India, Middle East, Far East, the USA, the UK, Canada, Australia & New Zealand. The group, owned by 3,500 shareholders, has more than 30,000 professionals from over 26 countries working towards its continued success. Malabar Gold & Diamonds also features an online store www.malabargoldanddiamonds.com providing customers the opportunity to purchase their favorite jewelry at any time and on any day from the comfort of their homes. 

The group also operates MGD – Lifestyle Jewellery, a retail concept offering trendy and light weight jewellery that represents the independent and the modern woman through its designs and collections. 

Mojawhraty by Malabar is the latest retail concept from the brand, exclusively catering to Arabic audience globally. Mojawhraty blends Arabic tradition with modern elegance.

ESG (Environmental, Social & Governance) has been the primary commitment of the group since its inception. The key ESG focus area of Malabar Group are Health, Housing, Hunger Free World, Education, Environment and Women empowerment. Integrating the principles of responsibility and sustainability into its core business, Malabar Group periodically strengthens its ESG goals to remain a socially conscious and responsible organization. The group contributes 5% of its profit to such initiatives in the same country of operation. 

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