Malabar Gold to unveil five showrooms

Malabar Gold plans to add nine stores with an investment of Rs 240 cr, expanding its retail footprints across Tier-I and Tier-II cities in the north and central India as well as strengthen its position in markets like Singapore, Malaysia, Oman and UAE.
The group currently operates 250 retail outlets spread across 10 countries including India, the Middle East, Southeast Asia, and America. Malabar Gold has scheduled the opening of five stores in Lucknow, Delhi, Uttar Pradesh, Thane and Bengaluru. Despite the challenging market conditions in India and globally, Malabar Gold has decided to push ahead with retail expansion. Signage companies engaging in in-store signage and branding projects will get new business opportunity with Malabar Gold’s retail expansion plan.