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 & 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, 3 showrooms in the UAE & the USA, 2 showrooms in the UK, and 1 showroom each in Australia, KSA, 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 USD 8.85 Billion and to open 60 showrooms expanding its presence to 15 countries and 22 States and 3 Union Territories in India the current FY.
In addition to the new showrooms, the brand will also launch revamped showrooms across India, UAE, KSA, 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, Mr. 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.”
Mr. 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.”
Mr. Asher O, Managing Director – India Operations, Malabar Gold & Diamonds: “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 & emerging markets. The locations have been carefully selected to meet the growing appetite for fine jewellery across diverse consumer segments and the unparalleled design portfolio that we have arranged across each of these showrooms is sure to resonate with all sections of jewellery lovers”.
Mr. 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.
The company also runs the “Grandma Home” project, providing accommodation for needy and destitute women. With several such initiatives already in place, the company’s long-term goal is to ensure its global success benefits local communities wherever it operates.
The ESG goals of the organization are periodically strengthened to remain a socially conscious and responsible organization.
