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Malabar Gold & Diamonds, one of the world’s largest and most trusted jewellery conglomerates, is set to launch 20 new showrooms in October as part of its ambitious global expansion strategy. These new locations will bolster the brand's presence in key markets across India, the GCC countries, and the USA, bringing the total number of showrooms worldwide to 375. Currently, Malabar Gold & Diamonds operates 355 showrooms across 13 countries.
This significant expansion marks a new chapter in Malabar Group's journey to becoming the world’s largest jewellery retailer. In India, the expansion will see new showrooms opening in Uttar Pradesh (3), Delhi (2), Maharashtra (2), Karnataka (2), Rajasthan (2), Odisha (1), Telangana (1), West Bengal (1), and Punjab (1). Internationally, the brand will strengthen its foothold with new showrooms in Muwaileh, Sharjah; Muitar, Qatar; and Nakheel Mall, Saudi Arabia. Additionally, Malabar Gold & Diamonds will broaden its North American footprint with two new showrooms in Artesia, Los Angeles, and Atlanta, Georgia.
MP Ahammed, Chairman, Malabar Group, commenting on the expansion, said, "Opening 20 new showrooms in October aligns with our vision to become the world’s leading retail jeweller. Our expansion plan focuses on sustainable and responsible growth that not only drives our business forward but also benefits society. We take immense pride in being recognized as a Responsible Jewellery House at the India Gold Conference 2023-24, reflecting our unwavering commitment to ethical business practices, responsible sourcing, and sustainability. Every new showroom will embody our core values of trust, transparency, and quality, ensuring an exceptional shopping experience that resonates with our customers."
The new showrooms will offer a diverse range of traditional and contemporary jewellery collections, coupled with a personalized shopping experience that highlights Malabar Gold & Diamonds' dedication to excellence. Each showroom will feature bespoke jewellery design services and luxurious, fully-equipped lounge areas, prioritizing customer convenience and satisfaction.
Beyond India, Malabar Group’s global presence spans across the UAE, Qatar, Kuwait, Oman, Saudi Arabia, Bahrain, Singapore, Malaysia, USA, UK, Canada, and Australia. The company employs over 21,000 professionals from 26 countries, reinforcing its commitment to cultural diversity and customer service. Malabar Gold & Diamonds also operates 14 wholesale units across eight countries, 15 jewellery manufacturing units in five countries, design studios, and boasts over 25 exclusive brand collections, serving more than 15 million satisfied customers from 100 countries.
A cornerstone of Malabar Group's corporate social responsibility initiatives is the 'Hunger Free World' project, which aims to alleviate hunger by providing nutritious meals. Currently, the initiative distributes food packets to 41,000 individuals daily across 69 cities in 16 Indian states. In addition, 10,000 food packets are distributed daily to schoolchildren in Zambia, Africa. To date, Malabar Group has invested over ?260 crores in various CSR activities, including this project.
