Malabar Gold & Diamonds, which is one of the largest gold and diamond retailers, is on an expansion spree investing Rs 1,600 cr next fiscal to add 56 more stores. The Kozhikode, Kerala-based 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. Malabar Gold’s retail expansion spree is a new business opportunity for the signage companies whose activities involve in in-store branding and graphic projects.
