Malabar Gold & Diamonds to invest Rs 1,580 crore on 20 new showrooms by March 2026

Malabar Gold & Diamonds plans a Rs 1,580 crore expansion to add 20 showrooms by March 2026, taking its global footprint to 445 stores. The jeweller is also eyeing the lab-grown diamond market and committing Rs 150 crore to CSR.

— Filed Mon, 29 Jun, 2026, 22:35 IST · Source ET Retail · Updated

Malabar Gold & Diamonds plans Rs 1,580 crore investment to open 20 new showrooms by March 2026, reaching 445 global stores. It's also eyeing the lab-grown diamond market and committing Rs 150 crore to CSR.

Why this matters

The expansion follows Malabar's 25th Bengaluru store opening that deepened its South India grip, signaling continued aggressive retail growth alongside its push to reform the Gold Monetisation Scheme.

Store-opening activity holds steady with 360 signals in the last 90 days.