Mysore/Mysuru: Malabar Gold & Diamonds, one of the largest gold and diamond retail chains in the country, has announced the launching of 56 stores globally with 40 across India and 16 internationally in 2021-22 to further boost its retail presence across the country. The move is expected to amount to an overall investment of Rs.1,600 crore and generate 1,750 new jobs.
In India, the stores will be opened in Tamil Nadu, Telangana, Andhra Pradesh, Karnataka, Maharashtra, Delhi, West Bengal, Uttar Pradesh, Odisha and Kerala. Internationally, the stores will be opened in Singapore, Malaysia, Oman, Qatar, Bahrain and UAE.
