Malabar Gold & Diamonds to open 12 new showrooms in March, expand global network to 391 showrooms in 13 countries
Mumbai, March 20, 2025: Malabar Gold & Diamonds, the world’s sixth largest jeweler, is set to open 12 new showrooms by March 2025 to further strengthen its presence in India. This recent expansion will take the company’s total number of showrooms to 391 in 13 countries and the company’s presence to 19 states in India. These new showrooms will be located in Panvel in Mumbai, Sinhagad Road in Pune, Brahmapur Road and Saubhagya Nagar in Odisha, Dhanbad in Jharkhand, Hospet, Nagarbhavi and Chitradurga in Karnataka, Nandyal, Amalapuram and Machilipatnam in Andhra Pradesh and Varanasi in Uttar Pradesh.
The Malabar Group has spent a total of Rs 600 crore in this phase of expansion and has appointed 406 employees in various positions this financial year. Malabar Gold & Diamonds plans to open 60 new showrooms in 2025. This will further expand the company’s global presence. In April 2025, the group will inaugurate five new showrooms, marking further expansion of the group in the Middle East, UK and Canada. Malabar Gold & Diamonds has launched a consumer awareness campaign with popular actor and brand ambassador NTR Jr. The campaign highlights the brand as a responsible jeweler and emphasizes the company’s commitment to sustainable practices, genuine hallmarked jewelry and certified natural diamonds.
Speaking about this expansion, Malabar Group Chairman MP Ahmed said, “Our expansion plan is in line with our broader vision to expand our global presence and provide a world-class shopping experience to more and more people around the world by providing quality-focused, transparent retail practices. We are fully committed to ethical business practices and responsible sourcing and these are at the core of our values. As we grow and enter new markets, with the opening of each showroom, we are taking another step towards realizing our dream of becoming the world’s number one jewelry and luxury brand. This penetration in the global market not only expands our reach but also strengthens our position as a trusted brand that provides excellence, integrity and unmatched luxury experience to its customers around the world.” A wide range of traditional and new-age jewelry collections will be seen in all our showrooms. Along with this, people will also get a personalized shopping experience which shows Malabar Gold and Diamonds’ commitment to excellent customer service.
