Malabar Gold & Diamonds is investing ₹1,580 crore to open 20 new showrooms in 20 days, expanding its global footprint to 445 stores across 14 countries by March 2026. The move strengthens its presence in India, creates over 725 jobs, and underscores its confidence in the country’s jewellery market.
Malabar Gold & Diamonds has announced an ambitious retail expansion plan, committing ₹1,580 crore to open 20 new showrooms in just 20 days. The move will take the brand’s global footprint to 445 stores across 14 countries by the end of March 2026, reinforcing its position as one of the world’s largest jewellery retailers.
The expansion is strategically focused on strengthening Malabar’s presence across India, with new outlets planned in Gurugram, Bengaluru, Guwahati, Ranchi, Gwalior, Jamnagar, and several other cities. This rapid rollout reflects the company’s confidence in the resilience of India’s jewellery market and its determination to capture growing demand in both metropolitan and emerging urban centres.
The investment is expected to generate over 725 jobs, underscoring Malabar’s commitment to employment creation alongside market expansion. By prioritising recruitment and training, the company aims to build a skilled workforce capable of delivering its hallmark customer service and craftsmanship across diverse regions.
Malabar Gold & Diamonds, founded in 1993, has steadily grown into a global brand with a strong presence in the Middle East, Southeast Asia, and North America. Its aggressive expansion strategy in India signals a renewed focus on consolidating domestic leadership while continuing to strengthen its international reach. The company’s ability to balance global ambitions with local market penetration has been a defining feature of its growth story.
Industry analysts note that the timing of this expansion is significant. With rising disposable incomes, evolving consumer preferences, and increasing demand for branded jewellery, India’s retail jewellery sector is poised for robust growth. Malabar’s decision to invest heavily in new showrooms reflects its confidence in these trends and its intent to stay ahead of competitors in a highly fragmented market.
The brand’s expansion also aligns with its broader vision of combining tradition with innovation. By opening stores in diverse locations, Malabar aims to cater to regional tastes while offering contemporary designs that appeal to younger consumers. This dual approach has helped the company maintain relevance across generations and geographies.
As the new stores open over the next few weeks, Malabar Gold & Diamonds will not only expand its retail footprint but also reinforce its reputation as a brand that blends scale with cultural sensitivity. The investment highlights the company’s long-term commitment to India’s jewellery market and its role in shaping the future of global jewellery retail.
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