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Malabar Gold & Diamonds on expansion, scheduled to open 56 stores Malabar Gold & Diamonds, one of the largest gold and diamond retail chains, will open 56 stores in FY 2021-22 - 40 in India and 16 overseas, at an estimated investment of USD 220 Million, generating 1,750 new jobs. In India, the expansion will span Tamil Nadu, Telangana, Andhra Pradesh, Karnataka, Maharashtra, Delhi, West Bengal, Uttar Pradesh, Odisha and Kerala, and globally, new outlets will open in Singapore, Malaysia, Oman, Qatar, Bahrain and the UAE. In India 12 new stores are slated to open in Q1 of the fiscal in Chennai, Lucknow, Hyderabad, Mumbai, Pune and Bengaluru, and in small towns like Eluru, Mancherial, Solapur and Ahmednagar. Globally, new shops will open in Little India in Singapore, Kuala Lumpur and Penang in Malaysia, Ruwi, Baushar and Al Khoudh in Oman, Jeryan Jenaihat and Rawdat in Qatar, Bab al Bahrain in Bahrain and in the UAE in Al Zahia and Muweilah in Sharjah, and Silicon Oasis and Dubai Gol

Kuala lumpurUnited statesAndhra pradeshSal bahrainBahrain generalUttar pradeshTamil naduJeryan jenaihatAl zahiaShamlal ahamedAl khoudhInternational operations of malabar goldMalabar groupMalabar goldWest bengalLittle india