350 stores target set by Malabar Gold & Diamonds, aim to hit target by March
Indian jewelry group Malabar Gold & Diamonds plans to set up 10 new stores to reach its 350 stores target by March. Malabar is the world’s sixth-largest jewelry group and the 19th in Deloitte’s luxury goods global ranking. Malabar is the world’s sixth-largest jewelry group and the 19th in Deloitte’s luxury goods global ranking.
New stores would be opened in Latur, Satara, and Nagpur in Maharashtra; Kolar and Whitefield in Karnataka; Jaipur in Rajasthan; Chandni Chowk in Delhi; Vanasthalipuram in Andhra Pradesh; Patiala in Punjab and Puducherry. With this, the group marks the first entry into Rajasthan and Puducherry.
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