Indian jewellery giant Malabar Gold & Diamonds investing $75m in NZ

An image posted by Malabar Gold and Diamonds on its Facebook page promotes its Solitaire One collection. (Image: Facebook)

John Anthony

Fri, 14 Feb 2025

Indian jeweller Malabar Gold & Diamonds is investing $75 million to expand into New Zealand. The company plans to open three "world-class" showrooms, which it says will redefine the region's jewellery landscape.Malabar Gold & Diamonds, founded in 1993 and headquartered in Kerala, has 375 showrooms in 13 countries.However, its international operations are based in the United Arab Emirates (UAE) after Malabar Investments, the international investment arm of Malabar Gold & Diamonds, redomiciled to Dubai in 2021 to align w...

Subscribe to BusinessDesk

Stay informed on business, government and financial developments across New Zealand.

Deeply researched, twice-edited and fact-checked news
Annual subscribers also receive a complimentary subscription to The Wall Street Journal
Personalised email news alerts, plus gift up to 5 stories a month to non-subscribers

You can cancel anytime.

We are serious about journalism.

Already a Subscriber ? Sign in here.

Name {{ registerForm.errors.get('name') }}

Email address {{ registerForm.errors.get('email') }}

Phone Number {{ registerForm.errors.get('phone') }}

Job Title {{ registerForm.errors.get('title') }}

Password Minimum password length of 8 characters.
Require at least one upper and lowercase, numeric, and special character. {{ registerForm.errors.get('password') }}

Repeat password {{ registerForm.errors.get('password_confirmation') }}

We had trouble validating your card. It's possible your card provider is preventing us from charging the card. Please contact your card provider or customer support.

Credit Card

Cardholder's name

{{ __(plans[index].name) | capitalize }} {{ plans[index].attributes.old_price | currency }} {{ plans[index].price | currency }}

All subscriptions auto renew but are easy to cancel.

I Accept The Terms Of Service

{{ registerForm.errors.get('terms') }}

Tax: {{ taxAmount(selectedPlan) | currency }}

Total Price Including Tax: {{ priceWithTax(selectedPlan) | currency }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerSeat ? '/ '+ spark.seatName : '' }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerTeam ? '/ '+ __('teams.team') : '' }} / {{ __(selectedPlan.interval) | capitalize }}