Malabar Gold & Diamonds adds 25th Bengaluru store, deepens South India grip
The jeweller opened a new showroom in RT Nagar, taking its Bengaluru count to 25 and tally across Karnataka and Goa to 49. The cluster-led densification signals continued confidence in South India as the anchor jewellery market amid rising gold prices.
What happened
Malabar Gold & Diamonds opened a new showroom in RT Nagar, Bengaluru, marking its 25th outlet in the city and 49th across Karnataka and Goa, reinforcing its
Key facts
- 25th showroom in Bengaluru
- 49th in Karnataka and Goa
Why this matters
Malabar's aggressive South cluster build-out tightens the competitive moat against Tanishq, Joyalukkas, and Kalyan, making any M&A or partnership entry into Karnataka jewellery retail meaningfully more expensive over the next 12-18 months.