The gold and jewellery brand is targeting Indian cities including Tamil Nadu, Telangana, Andhra Pradesh, Karnataka, Maharashtra, Delhi, West Bengal, Uttar Pradesh, Odisha and Kerala.
In India, 12 new stores are expected to open in the first Quarter of the fiscal year in Chennai, Lucknow, Hyderabad, Mumbai, Pune, and Bengaluru, and in a number of small towns such as Eluru, Mancherial, Solapur, and Ahmednagar. Elsewhere in Asia, new stores will open in Little India in Singapore, Kuala Lumpur, and Penang in Malaysia, Ruwi and Baushar.
The new stores will offer an unparalleled customer experience that falls in line with the Malabar promise of providing exceptional quality and customer service assurance.
Malabar Group Chairman, MP Ahammed, commented: “In over 25 years, we have transformed from a small retail jewellery business to a global player across the verticals of gold and diamond jewellery retail, manufacturing, and multi-retail business. Transparency and customer trust have been our growth pillars and the new expansion will take us to the next level.”
