Malabar's 600 Crore Bet: 12 New Showrooms, Global Ambitions

Kerala-based Malabar Gold & Diamonds is expanding its presence with 12 new showrooms across India by March 2025, bringing its total showroom count to 391 across 13 countries and 19 Indian states. The company has invested Rs 600 crore in this expansion and hired 406 employees for the financial year.

The new showrooms will be launched in Mumbai, Pune, Odisha, Jharkhand, Karnataka, Andhra Pradesh, and Uttar Pradesh.

Looking ahead, Malabar plans to open 60 additional showrooms in 2025, further strengthening its global presence. In April 2025, five new showrooms will debut in the Middle East, UK, and Canada.

News by Rahul Yelligetti.