Malabar Gold & Diamonds Plans 20 New Showrooms with ₹1,580 Crore Investment

Malabar Gold & Diamonds has announced plans to expand its retail footprint by launching 20 new showrooms across multiple Indian cities by the end of March 2026. The expansion involves a significant investment and is expected to generate employment opportunities. 

The move reflects the company’s continued focus on strengthening its presence in both established and emerging markets.

Expansion Across Multiple Cities

The upcoming showrooms will be opened in a range of locations including Jhansi, Kallakurichy, Gwalior, Chittoor, Haldwani, Theni, Jamnagar and Ranchi. Additional outlets are planned in areas such as VIP Road in Kolkata, Aligarh, KR Puram in Bengaluru and Inorbit Mall in Visakhapatnam.

Other locations include Kanchrapara, Serampore, Hubli, Maninagar, Gurugram Sector 14, Jubilee Hills in Hyderabad, Sangareddy and Guwahati. This wide geographic spread highlights the company’s focus on reaching diverse customer segments.

Investment and Employment Generation

The expansion programme involves an overall investment of approximately ₹1,580 crore. Alongside business growth, the initiative is expected to create more than 725 employment opportunities.

These roles are likely to span retail operations, customer service and support functions, contributing to local employment in the regions where the new outlets are being established.

Strategic Growth Outlook

According to company leadership, the decision to open multiple showrooms within a short period reflects confidence in the domestic market and long-term demand for jewellery.

The expansion also aligns with the company’s broader strategy to enhance accessibility and strengthen its retail network across key locations.

Increasing Global Presence

With the addition of these new outlets, the company’s global showroom count is expected to reach 445 across 14 countries. In India, its presence will extend across 22 states and union territories.

This growth indicates a steady expansion of its domestic and international operations over time.

Read More: India’s Economy Remains Stable Amid Global Risks; Government Boosts LPG Output and Spending Allocations.

Conclusion

The planned showroom expansion by Malabar Gold & Diamonds represents a continued effort to grow its retail network and market presence. With a combination of investment, job creation and geographic diversification, the initiative reflects the company’s ongoing development strategy in the jewellery sector.

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