Malabar Gold & Diamonds has announced plans to open 20 new showrooms across India by March 31, 2026, marking one of the fastest retail expansion initiatives in the jewellery sector.

The expansion will increase the company’s global network to 445 showrooms across 14 countries. In India, the retailer will further strengthen its presence across 22 states and Union Territories.

The rollout involves a total investment of Rs 1,580 crore and is expected to generate more than 725 employment opportunities. The company stated that the expansion aligns with its focus on retail growth and job creation.

The new showrooms will be located in Jhansi, Kallakurichy, Gwalior, Chittoor, Haldwani, Theni, Jamnagar, Ranchi, VIP Road Kolkata, Aligarh, KR Puram (Bengaluru), Inorbit Mall Vizag, Kanchrapara, Serampore, Gokul Road Hubli, Maninagar, Gurugram Sector 14, Jubilee Hills (Hyderabad), Sangareddy and Guwahati.

According to the company, the expansion strategy targets both emerging and established jewellery markets, aiming to increase accessibility to organized retail formats across regions.

M.P. Ahammad of Malabar Group said, “India’s rise on the global stage is powered by the confidence, aspirations and entrepreneurial spirit of its people. Our decision to launch 20 showrooms in 20 days reflects our strong conviction in the country’s long-term growth potential and our commitment to expanding access to world-class jewellery retail experiences.”

He added, “At Malabar Gold & Diamonds, our journey has always been guided by trust, values, and a vision to create lasting impact for customers, employees, and the communities we serve.”

The company stated that it continues to focus on scale, operational reach, and organized retail growth. It also highlighted its ongoing ESG initiatives, under which 5% of net profits are allocated towards programmes in health, education, housing, environment, hunger relief, and women empowerment.