Malabar Gold and Diamonds Opens 4 New Stores, Aims to Reach 365 Outlets in 2023-24

Mumbai, Oct 16: Jewellery retailer Malabar Gold and Diamonds has opened four new stores in Delhi, Haryana, Gujarat, and Madhya Pradesh, taking the total number of showrooms globally to 333. The company aims to increase the global showroom count to 365 in 2023-24.

Expansion Plans

The company simultaneously opened showrooms in Delhi, Ambala in Haryana, Bhavnagar in Gujarat, and Jabalpur in Madhya Pradesh. After this phase of retail expansion in India, the company now has 11 showrooms in Delhi, 5 in Haryana, 7 in Gujarat, and 4 in Madhya Pradesh.

Malabar Gold and Diamonds has a retail presence in 11 countries and is in the process of opening showrooms in Europe, Canada, Australia, and Bangladesh.

Customer Satisfaction

Malabar Gold and Diamonds is known for its design versatility, commitment to quality, transparency, and top-class customer services. These factors have made the company a favourite jeweller among buyers in India and beyond.

30th Anniversary Celebrations

As a part of its 30th anniversary, Malabar Gold and Diamonds is expanding its presence further to reach out to more and more customers. The company aims to increase the global showroom count to 365 in 2023-24.

Statement from Malabar Group Chairman

Malabar Group Chairman M P Ahammed said, "It's a matter of pride and joy for us to have increased the global showroom count to 333. Our design versatility which perfectly meets the evolving customer sensibilities and commitment to offering quality, transparency, and top-class customer services make us the favourite jeweller among buyers in India and beyond. As a part of our 30th anniversary, we are expanding our presence further to reach out to more and more customers."