Indian jewellery group Malabar Gold & Diamonds has entered New Zealand with the opening of its first showroom in Auckland.

Founded in India in 1993 and now headquartered in the UAE, Malabar Gold & Diamonds has grown into a $12.8 billion business known for blending traditional craftsmanship with contemporary design.

New Zealand marks the retailer’s 14th market, and the Auckland store is its 410th showroom globally. The location offers more than 30,000 items spanning gold, diamond and gemstone jewellery.

Located at Botany Town Centre, the outlet is the first of several planned for Wellington, Hamilton and Christchurch over the coming years. The company expects its nationwide rollout to create more than 80 retail jobs, with up to 22 staff employed at each location.

The move follows the Comprehensive Economic Partnership Agreement (CEPA) signed between New Zealand and the UAE, which came into effect earlier this year and has opened new trade and investment opportunities between the two nations.

“This milestone is not just a win for our brand but a testament to the global recognition of centuries-old Indian jewellery artisanship,” said Malabar Group chairman MP Ahammed.

“We see New Zealand as a land of immense opportunity and cultural synergy, and this launch marks the beginning of a long-term relationship with the market and its people.”

According to management, the Auckland opening witnessed an unprecedented turnout and an overwhelming response from the local community. They added that the brand’s entry will also provide a boost to New Zealand charities, with five per cent of local profits dedicated to community initiatives.

For the broader Oceania region, the company plans to open additional showrooms in Australia and expand into Fiji.