Malabar Gold & Diamonds, one of the world’s largest jewellery retailers, has achieved a major global milestone by inaugurating its 400th showroom at Sector 18, Noida. This expansion is part of a broader growth strategy aimed at increasing its turnover to over ₹78,000 crores ($9+ billion) in the current financial year. With an already impressive footprint in 13 countries and 22 Indian states, Malabar is set to expand into 15 countries and 3 Union Territories by year-end.
The company also plans to invest over ₹5,000 crores in new showrooms and manufacturing units, while creating 3,500 additional jobs. Malabar’s commitment to responsible and ethical practices is reflected in its robust ESG initiatives, including its “Hunger Free World” program and over 700 micro learning centres for underprivileged children.
With over 25,000 employees and more than 1,00,000 jewellery designs, the brand continues to elevate the jewellery shopping experience globally. The company’s promises of transparency, certified gems, and lifetime maintenance have made it a preferred choice among customers. As it scales its operations and workforce to 27,250 globally, Malabar reaffirms its goal to become the world’s No. 1 jewellery retailer.
Malabar Gold & Diamonds, a global leader in jewellery retail, celebrates the grand opening of its 400th showroom in Sector 18, Noida, a significant milestone in its ongoing international expansion strategy. With a current annual turnover of ₹63,000 crores and a presence across 13 countries, the brand aims to scale this figure to ₹78,000 crores ($9+ billion) in FY 2025–26.
The group’s strategic roadmap includes opening 60 new showrooms and entering two new markets—New Zealand and Ireland—bringing its total presence to 15 countries and 25 Indian regions (22 states and 3 UTs). This expansion will be supported by a ₹5,000 crore investment and the creation of 3,500 new jobs, increasing the company’s workforce to over 27,000.
Malabar’s ethos of ethical retailing is reinforced through its ESG-driven initiatives like “The Hunger Free World,” which delivers 70,000 meals daily, and its 716 micro-learning centres educating 32,000+ children. Its commitment to transparency, customer satisfaction, and sustainability underpins its position as the 5th largest jewellery retailer globally.
With more than 1,00,000 jewellery designs and a promise of quality, value, and ethical sourcing, Malabar Gold & Diamonds is well on its way to becoming the world’s most trusted and preferred jeweller.
