Malabar Gold & Diamonds Launches Relocated and Expanded Showroom at Visakhapatnam; Marks Largest Showroom of the Brand in Andhra Pradesh

Malabar Gold & Diamonds, the 5th largest jewellery retailer globally with over 445 showrooms across 14 countries, has unveiled its relocated and expanded showroom in VIP Road, Visakhapatnam, marking the brand’s largest showroom in Andhra Pradesh. The launch marks a significant expansion of its retail presence in one of Andhra Pradesh’s key coastal markets.

The showroom was unveiled by Indian actress Sruthi Haasan, in the presence of Andhra Pradesh MLA Mr. V Ramakrishna Babu; Mr. Asher O, Managing Director of India Operations at Malabar Gold & Diamonds; Mr. Siraj PK, Retail Head at Malabar Gold & Diamonds, other senior management team members, customers and well-wishers.

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.