Earlier this year, Malabar Gold & Diamonds unveiled its ambitious global expansion plans. In July, the company made a notable advance by inaugurating its second showroom in the United Kingdom, situated in Leicester. Building on this momentum, Malabar Gold & Diamonds has now announced the launch of 20 new stores across India and international markets before Diwali, expected in early November 2024. The brand is already recognized as the world’s sixth-largest jewellery group and holds the 19th position in Deloitte’s global ranking of luxury goods companies.

Global Ambitions: From Leicester to the World

Speaking about these expansion plans back in February, MP Ahammed, Chairman of Malabar Group, highlighted the company’s progress on the global stage. “We have achieved great progress at the global level by embracing the concept of ‘Make in India, Market to the World’,” Ahammed told reporters, underscoring the company's focus on global growth.

Expansion Plans Across India and Beyond

As part of its aggressive expansion strategy, Malabar Gold & Diamonds is now set to open 20 new stores before Diwali this year. These new outlets will be spread across major Indian cities, including Delhi, Odisha, Maharashtra, Telangana, Rajasthan, Bangalore, Uttar Pradesh, West Bengal, and Punjab. This significant expansion within India demonstrates Malabar’s commitment to catering to a diverse and growing customer base across the country.

Beyond India, the company’s international presence will also see substantial growth, with new stores planned in the United States, Qatar, Saudi Arabia, and the United Arab Emirates. These new outlets will further enhance Malabar’s visibility and accessibility in some of the world’s most important markets, reinforcing its status as a global player in the jewellery industry.

The Malabar Promise 

Malabar Gold & Diamonds has built its reputation on a foundation of quality and transparency, principles that are embodied in the company’s 'Malabar Promise.' This promise includes a range of customer assurances such as transparent pricing, lifetime maintenance, guaranteed buyback, and UK-hallmarked jewellery. Additionally, Malabar is committed to responsible sourcing and fair labour practices, and this reflects the company’s dedication to ethical business operations and customer trust.

The addition of 20 new stores will, no doubt, help solidify the store’s position as a global leader in the jewellery industry.