Malabar Gold & Diamonds aims for 120 outlets by 2014

The gold retail major Malabar Gold & Diamonds is tweaking its strategy to focus on niche markets, e-commerce and overseas outlets. The company has chalked out an expansion plan which will see its number of outlets in India reach 120 by 2014l. The company has planned to invest around Rs 1500 crore to complete the expansion plan. Gradual expansion plan of Malabar Gold & Diamonds is now glitter of business opportunity which signage players in the sector will gain a new momentum in in-shop display and design projects.