Malabar Gold & Diamonds to Invest ₹1,580 Crore in Major Expansion Drive.

Malabar Gold & Diamonds has announced a major retail expansion, planning to launch 20 new showrooms by March 31 with a total investment of ₹1,580 crore.

The company said this expansion represents one of the fastest showroom rollout initiatives in the Indian jewellery sector. Once completed, the global showroom network will reach 445 outlets across 14 countries, with a presence in 22 States and Union Territories. The expansion is expected to create more than 725 new employment opportunities.

The new showrooms will be opened in cities 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. The move aims to strengthen Malabar Gold & Diamonds’s presence across both emerging and established jewellery markets.