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

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
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...

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