The Hurun Indian Luxury Consumer Survey 2023 offers insights into the lifestyle inclinations, consumption patterns, and brand recognition among 150 UHNIs and HNIs in India.
Jewellery retailer Malabar Gold & Diamonds has announced plans to invest Rs.1,000 crore ($138 million) and create 4,000 jobs in Maharashtra by 2025. The investment and job creation will be made possible through the launch of its centralised base of operations, Malabar National Hub (M-NH), in Mumbai. Spread across 50,000 sq ft, M-NH will house various operations including retail, procurement, e-commerce, and digital marketing.
With this association, the brand aims to bring a new global outlook to strengthen its presence in the existing markets of the UK, Australia, Canada, South Africa, Egypt, Bangladesh, Turkey and New Zealand markets.