Malabar Gold & Diamonds, the sixth-largest jewelry retailer in the world, is gearing up for a major expansion, with plans to open 60 new showrooms by 2025, the company announced on Thursday.
The move is part of Malabar’s strategy to strengthen its presence both in India and internationally. In March 2024 alone, the brand will launch 12 new showrooms across India, with locations including Panvel (Mumbai), Sinhagad Road (Pune), Brahmapur and Soubhagya Nagar (Odisha), Dhanbad (Jharkhand), Hospet, Nagarbhavi, and Chitradurga (Karnataka), as well as Nandyal, Amalapuram, and Machilipatnam (Andhra Pradesh), and Varanasi (Uttar Pradesh).
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To support this expansion, Malabar has invested ₹600 crore and has already brought on board 406 new employees this financial year.
Going Global: Middle East, UK, and Canada Up Next
The brand’s international expansion is also gaining momentum. In April 2025, Malabar plans to open five new showrooms across the Middle East, the UK, and Canada, adding to its already significant global presence.
“Our growth plan is a reflection of our commitment to bringing a world-class jewelry shopping experience to customers around the globe,” said MP Ahammed, Chairman of Malabar Group. “We are driven by our vision to become the world’s number one jewelry and luxury brand. Every showroom opening takes us one step closer to that goal.”
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A Strong Global Presence
Currently, Malabar Gold & Diamonds operates 380 showrooms across 13 countries, including the UAE, Qatar, Kuwait, Oman, Saudi Arabia, Bahrain, Singapore, Malaysia, USA, UK, Canada, and Australia.
The company’s production strength includes 11 cutting-edge factories in India and 5 international units, employing a workforce of over 25,000 professionals from 26 countries.
With this latest expansion, Malabar Gold & Diamonds is not only cementing its leadership in the global jewelry market but also delivering on its mission of providing quality craftsmanship, ethical practices, and an exceptional customer experience worldwide.
