Malabar Gold & Diamonds to launch 48 showrooms globally
Malabar Gold & Diamonds, the fifth largest jewellery retailer globally with over 400 showrooms across 13 countries, announced a landmark phase in its global growth strategy. The brand is set to launch 48 showrooms – 27 New showrooms and 21 revamped showrooms by December 2025, further reinforcing its position as one of the most trusted and expansive jewellery retail chains in the world.
The expansion is geographically diverse, with 14 new showrooms in India, three showrooms in the UAE and the USA, two showrooms in the UK, and one showroom each in Australia, Saudi Arabia, Canada, and Malaysia. The brand is also set to launch its inaugural showroom in New Zealand, marking its entry into the 14th country of operation. This expansion is part of the brand’s target to drive an exponential increase in revenue to $8.85 billion and to open 60 showrooms expanding its presence to 15 countries and 22 States and 3 Union Territories in India during the current financial year.
In addition to the new showrooms, the brand will also launch revamped showrooms across India, UAE, Saudi Arabia, Oman, and Malaysia, offering customers a refreshed, luxury-driven shopping experience. The expansion aligns with the brand’s long-term strategy to scale responsibly, strengthen core markets, and enter or deepen presence in high-potential regions through thoughtfully curated product lines and world-class services.
Commenting on the expansion, M.P. Ahammed, Chairman of Malabar Group, said: “The launch of 48 showrooms is a significant milestone in our journey to become the world’s no 1 jewellery retailer. But for us, growth is not just about numbers—it’s about setting new benchmarks in responsible business. Each new showroom embodies our commitment to ethical sourcing, sustainability, and giving back to society. We will continue to ensure that every aspect of our business benefits not just our customers and stakeholders, but also the communities we serve. Our values of trust, transparency, and quality are at the heart of everything we do.”
Abdul Salam K.P, Vice-Chairman of Malabar Group commented: “This latest expansion phase reaffirms our position as a global jewellery powerhouse, blending scale with sustainability, and tradition with technology. Through a continuously evolving product line that reflects both global fashion trends and timeless traditions, customer-first initiatives that deliver an unmatched retail experience, and digital innovations that enhance convenience and accessibility, we have positioned Malabar Gold & Diamonds as a truly future-ready organization.”
Speaking on this occasion, Asher O, Managing Director for India Operations, Malabar Gold & Diamonds said: “While Malabar Gold & Diamonds is taking great leaps in the international jewellery arena, India continues to remain our biggest opportunity. The 14 new showrooms in addition to the 10 revamped showroom launches in India have been meticulously charted to strengthen our presence in both mature and emerging markets.”
Shamlal Ahamed, MD – International Operations, Malabar Gold & Diamonds said: “The crown jewel in this phase of our expansion will be our entry into New Zealand, a major milestone marking our entry into the 14th country of operation. Being the biggest proponent of ‘Make in India; Market to the World’ initiative in the global jewellery arena, the success of our brand is the success of centuries old Indian craftsmanship, and we are proud to take this legacy forward in a sustainable and responsible manner”.
Malabar Gold & Diamonds is guided by its set of ‘Malabar Promises’, which include 100% value on gold and diamond exchange, transparent pricing, certified diamonds and gemstones, assured lifetime maintenance, and ethically sourced jewellery. These promises further reinforce Malabar Gold & Diamonds’ vision of becoming the world’s most preferred jeweller, blending traditional artistry with modern innovation to deliver an elevated, luxurious shopping experience for every customer.
ESG (Environmental, Social & Governance) initiative has been the primary commitment of Malabar Group since its inception in 1993, with 5% of net profits set aside towards such initiatives in each country of operations. Malabar Group has pledged USD 17 Million towards social welfare schemes across for the current financial year. The key focus is in the areas of Health, Hunger Free World, Housing, Education, Women Empowerment & Environment
As part of the group’s Hunger Free World initiative, over 70,000 meals are distributed daily across 170 locations, including 3 schools in the African country of Zambia.
In India alone, the group has established 716 micro learning centres, enrolling more than 32,000 underprivileged children, many of whom transition into formal schooling. Additionally, Malabar Group has awarded more than 115,000 scholarships to female students, supporting their academic journey and empowering the next generation of women leaders.
Malabar Gold & Diamonds was established in 1993 and is the flagship company of Malabar Group, a leading diversified Indian business conglomerate. With an annual turnover of $7.36 billion, the company currently ranks as the 5th largest jewellery retailer globally and today has a strong retail network of over 400 showrooms spread across 13 countries in addition to multiple offices, design centers, wholesale units, and factories spread across India, Middle East, Far East, the USA, the UK, Canada & Australia.
The group, owned by more than 4,000 shareholders, has more than 25,000 professionals from over 26 countries working towards its continued success. Malabar Gold & Diamonds also features an online store www.malabargoldanddiamonds.com providing customers the opportunity to purchase their favorite jewelry at any time and on any day from the comfort of their homes. The group also operates MGD – Lifestyle Jewellery, a retail concept offering trendy and light weight jewellery that represents the independent and the modern woman through its designs and collections.
