Celebrating its 22nd Anniversary, Malabar Gold & Diamonds has announced the opening of its 22 showrooms in India. Through this expansion, the company will widen its retail network from 135 to 157 outlets. The move is part of the plan to raise the number of outlets to 300 by 2020. The leading jewellery house also proposes to expand its manufacturing facilities within the country in line with the ‘Make in India’ programme. The gold and diamonds major has manufacturing facilities at the Kinfra industrial park in Kerala and also at the industrial parks in West Bengal, Gujarat and Andhra Pradesh. And the retail network expansion plan of the company will give signage players a new business opportunity in in-shop designs, displays and related activities in the sector.
