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Malabar Gold & Diamonds Plans Expansion: 10 New Outlets to Open, Total Stores to Reach 350 by March

MP Ahammed, Chairman of Malabar Group, expressed appreciation, stating, "In readiness for the launch of ten new stores, we extend heartfelt thanks to our esteemed customers, dedicated team, and supportive investors, all pivotal in facilitating this milestone."

Post By : IJ News Service On 02 March 2024 9:55 AM

Malabar Gold & Diamonds has unveiled plans to inaugurate 10 new stores, with the objective of reaching a total of 350 stores by March. Among the upcoming openings in India are locations such as Latur, Satara, and Nagpur in Maharashtra; Kolar and Whitefield in Karnataka; Jaipur in Rajasthan; Chandni Chowk in Delhi; Vanasthalipuram in Andhra Pradesh; Patiala in Punjab, and Puducherry. Notably, this marks the brand's debut in Rajasthan and Puducherry, thereby expanding its footprint in these regions.

MP Ahammed, Chairman of Malabar Group, emphasized the brand's global success through its commitment to the 'Make in India, Market to the World' ethos. He expressed gratitude to customers, team members, and investors for their pivotal role in this achievement. Ahammed also shared the company's ambition to elevate Malabar Gold & Diamonds as a premier global jewellery and luxury brand.

Malabar Gold & Diamonds is also extending its international presence, with plans to open new stores in countries like New Zealand, Egypt, Turkey, and South Africa, alongside its existing locations. Renowned for its commitment to job creation and fostering a supportive work environment, the Malabar Group presently employs approximately 22,000 individuals from diverse backgrounds. The company aims to bolster its workforce to one lakh within the next three years, thereby generating more employment opportunities.

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