Kerala-based Malabar Gold & Diamonds is set to open 12 new showrooms across India by March 2025, increasing its total showroom count to 391 across 13 countries and 19 Indian states. The company has invested Rs 600 crore in this expansion and recruited 406 employees for this financial year.
The new showrooms will be located in Mumbai, Pune, Odisha, Jharkhand, Karnataka, Andhra Pradesh, and Uttar Pradesh.
Additionally, Malabar plans to open 60 more showrooms in 2025, further extending its global footprint. In April 2025, five new showrooms will be launched in the Middle East, UK, and Canada.