Malabar Gold & Diamonds has introduced to open 20 new showrooms in October as a part of its world growth technique.
These new places will bolster the model’s presence in key markets throughout India, the GCC nations, and the USA, bringing the overall variety of showrooms worldwide to 375.
Presently, Malabar Gold & Diamonds operates 355 showrooms throughout 13 nations.
In India, the growth will see new showrooms opening in Uttar Pradesh (3), Delhi (2), Maharashtra (2), Karnataka (2), Rajasthan (2), Odisha (1), Telangana (1), West Bengal (1), and Punjab (1).
Internationally, the model will strengthen its foothold with new showrooms in Muwaileh, Sharjah; Muitar, Qatar; and Nakheel Mall, Saudi Arabia.
Moreover, it’s going to broaden its North American footprint with two new showrooms in Artesia, Los Angeles, and Atlanta, Georgia, it stated.
M.P. Ahammed, Chairman, Malabar Group in an announcement stated, “Opening 20 new showrooms in October aligns with our imaginative and prescient to develop into the world’s main retail jeweller.”
“Our growth plan focuses on sustainable and accountable development that not solely drives our enterprise ahead but additionally advantages society,” he added.
Revealed – September 05, 2024 11:00 pm IST
