Malabar Gold & Diamonds opened its first Middle East outlet in Sharjah on June 19, 2008. In less than a year, the company has expanded its regional retail presence to other Emirates in the UAE. The group is continuing to drive its presence across all the key cities in India and abroad. Malabar Gold & Diamonds is the first Indian jewellery group that has established its presence in the entire GCC countries.The group is also planning for a significant growth in the international destinations in the coming years to position itself to be the leading jewellery retailer in the world. The group announced its ambitious 4 year expansion plans in March 2012, that will eventually raise the company’s retail network to 220 outlets, with an investment outlay of $700 million. The company’s four-year expansion program will see Malabar Gold & Diamonds’ global footprint expand to South Asia, other parts of Middle East, Far East, Europe and the Americas and nearly triple its cluster manufacturing units.
