New-look Malabar Gold targets $6 bn turnover by 2015 | ummid.com
Aiming to be third largest jewellery retail chain in the world with a $6 billion turnover by 2015, Kerala-based Malabar Gold & Diamonds (formerly Malabar Gold) plans to expand its retail footprint across the world at a $700 million outlay and also increase its jewellery production units to 10 from the current four, said a top company official.
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