Kozhikode-based Malabar Gold & Diamonds, which is one of the largest gold and diamond retailers, is on an expansion spree. The company is investing Rs 1600 crore next fiscal to add 56 more stores. The gold retailer said of the 56 new stores, 40 will be in the country and the rest 16 overseas. The company expects to generate 1,750 new jobs with this next year. The domestic expansion will be in Tamil Nadu, Telangana, Andhra Pradesh, Karnataka, Maharashtra, Delhi, Bengal, UP, Odisha and Kerala. Such store expansion spree of the gold retailer is an added advantage for the signage companies engaging in in-store branding and design companies
