THEBUSINESSBYTES BUREAU

BHUBANESWAR, MARCH 18, 2026

Malabar Gold & Diamonds has announced an ambitious retail expansion plan, unveiling 20 new showrooms in just 20 days — one of the fastest rollout initiatives in the Indian jewellery sector. This landmark move will take the company’s global showroom count to 445 across 14 countries, with a strong footprint spanning 22 states and Union Territories in India, further cementing its leadership as one of the most trusted and expansive jewellery retail chains worldwide.

The expansion entails a total investment of ₹1,580 crore and is expected to generate over 725 employment opportunities, underscoring the group’s continued commitment to India’s economic growth, job creation, and retail sector development. The newly launched showrooms are strategically spread across emerging and high-growth markets including 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 developing and established jewellery hubs.

The milestone comes at a moment of national pride following India’s recent T20 World Cup triumph, reflecting the spirit of ambition, resilience, and collective excellence that continues to power the country’s growth story.

Speaking on this landmark, 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 expanding global footprint and a steadfast commitment to trust, ethics, and retail excellence, Malabar Group continues to redefine leadership in the global jewellery industry while actively contributing to India’s economic progress. Its strong emphasis on ESG (Environmental, Social & Governance) initiatives remains central to its operations, with 5% of net profits allocated toward social impact programmes in every country of operation, focusing on health, hunger-free initiatives, housing, education, women empowerment, and environmental sustainability.