Malabar Gold & Diamonds is set to open ten new stores by March, 2024. The new store openings in India include 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.
This also marks the company’s first entry of Malabar Gold & Diamonds into Rajasthan and Puducherry.
The company also aims to increase its workforce to one lakh within the next three years. It acknowledges its progress at the global level by embracing the concept of ‘Make in India, Market to the World’.
Malabar Gold & Diamonds is taking its international expansion ahead by opening new stores New Zealand, Egypt, Turkey, and South Africa in addition to the countries where it currently operates.
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