Malabar Gold to invest Rs 1,600 cr to open 56 stores in FY22

Kochi, Kerala-based Malabar Gold & Diamonds, which is one of the largest gold and diamond retailers, is on an expansion spree investing Rs 1,600 crore 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...
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