National News
Malabar Gold & Diamonds Unveils ₹5,000 Crore Global Expansion Plan for FY2026
Aims for ₹78,000 Crore Revenue with 60 New Showrooms Across 15 Regions
Malabar Gold & Diamonds, one of the world’s largest jewellery retailers, has announced an ambitious expansion strategy, committing an investment of ₹5,000 crore to fuel its business growth in FY2026. The brand aims to significantly increase its footprint by opening 60 new showrooms across 15 geographies, including both domestic and international markets.
The company is targeting a revenue of ₹78,000 crore for the current financial year, up from ₹63,000 crore last year. M.P. Ahammed, Chairman of Malabar Group, said, “We have a comprehensive strategy to expand our retail and manufacturing network. Our goal is to reach ₹78,000 crore in turnover this year, backed by a ₹5,000 crore investment into new showrooms and infrastructure.”
Asher O, Managing Director – India Operations, reaffirmed the brand’s commitment to its home market, noting that India continues to offer the largest growth potential. “We are enhancing our presence across existing and new regions, aiming to be in 22 States and 3 Union Territories by the end of the financial year,” he said.
Internationally, Malabar Gold & Diamonds currently operates in 13 countries and is set to enter two new markets—New Zealand and Ireland—within the year. According to Shamlal Ahamed, Managing Director – International Operations, these expansions are part of the brand’s strategy to strengthen its global presence and tap into new customer bases.
With this aggressive growth plan, Malabar Gold & Diamonds is positioning itself as a formidable force in both Indian and international jewellery markets.
National News
Rajiv Jain Elected Chairman Of Jaipur Jewellery Show
The members expressed their confidence that, under his leadership, JJS will continue to achieve new milestones while further strengthening its position as one of the country’s premier gem and jewellery exhibitions.
The Jaipur Jewellery Show Organising Committee has unanimously elected Rajiv Jain as the Chairman of Jaipur Jewellery Show (JJS). Rajiv Jain is a distinguished industry leader with decades of exemplary service to the gem and jewellery sector and had held many important positions.
A few of the key positions held by him are: Past Chairman, Gems & Jewellery Export Promotion Council (GJEPC), sponsored by the Ministry of Commerce & Industry, Government of India; Chairman, Confederation of Indian Industry (CII), Rajasthan; Founder Chairman, Museum of Gems & Jewellery, Jaipur; and Past Chairman, Indian Institute of Gems & Jewellery, Jaipur (IIGJ Jaipur).
Rajiv Jain succeeds Vimal Chand Surana, who has served as the Chairman of JJS for the past 19 years. Under his visionary leadership, Jaipur Jewellery Show has evolved into one of India’s most respected and successful gem and jewellery exhibitions. In recognition of his distinguished service, exemplary leadership, and invaluable contribution to the growth of JJS, the Organizing Committee has unanimously named him as the Patron of Jaipur Jewellery Show.
Following these appointments, the Executive Committee of Jaipur Jewellery Show (JJS) is constituted as under: Vice Chairman, Dinesh Khatoria; Secretary, Kamal Kothari; Joint Secretary, Ajay Kala; Joint Secretary, Ashok Singhi; and Treasurer, Dr. Nawal Agrawal.
The members conveyed their heartfelt congratulations to Shri Rajiv Jain on his unanimous election as Chairman and expressed their confidence that, under his leadership, Jaipur Jewellery Show will continue to achieve new milestones while further strengthening its position as one of the country’s premier gem and jewellery exhibitions.
The Organizing Committee looks forward to the continued support and active cooperation of all Committee Members and Sub-Committee Members in carrying forward the vision and legacy of Jaipur Jewellery Show.
Rajiv Jain Elected Chairman Of Jaipur Jewellery Show
Vinsmera Jewels Expands UAE Presence With Soft Opening Of New Al Barsha Showroom In Dubai
Nature’s Elegance, Reimagined: Lotus Arts De Vivre’s Cape Gooseberry Earrings Continue To Captivate
FIFA Unveils First-Ever 18K Gold Diamond Championship Rings to celebrate Spain’s World Cup Victory
Nature’s Elegance, Reimagined: Lotus Arts De Vivre’s Cape Gooseberry Earrings Continue To Captivate
Rajiv Jain Elected Chairman Of Jaipur Jewellery Show
-
BrandBuzz8 hours agoFIFA Unveils First-Ever 18K Gold Diamond Championship Rings to celebrate Spain’s World Cup Victory
-
National News7 hours agoNature’s Elegance, Reimagined: Lotus Arts De Vivre’s Cape Gooseberry Earrings Continue To Captivate
-
National News5 hours agoRajiv Jain Elected Chairman Of Jaipur Jewellery Show
-
National News9 hours agoMCX Gold, Silver Futures Surge
JewelBuzz is Asia’s First Digital Jewellery Media & India’s No.1 B2B Jewellery Magazine, published by AM Media House. Since 2016, we’ve been the trusted source for jewellery news, market trends, trade insights, exhibitions, podcasts, and brand stories, connecting jewellers, retailers, and industry professionals worldwide.