National News
Gargi by P N Gadgil & Sons Debuts on Blinkit, Bringing Under-₹1000 Jewellery to Instant Commerce
Gargi by P N Gadgil & Sons, is now entering the world of instant commerce. Starting this week, Gargi’s curated range of fashion and silver jewellery is available on Blinkit in Pune, with a Mumbai rollout scheduled by the end of May 2025.
The Blinkit collection features a handpicked selection of stylish, everyday pieces priced under ₹1000, tailored for quick gifting, festive looks, and impulse fashion buys. With this launch, Gargi becomes one of the first Indian jewellery brands to tap into the rapid-delivery format for fashion accessories.
This new retail channel follows a transformative year for Gargi, which saw a shift to an asset-light FOFO model, 96 physical store touchpoints across India, and a 240% jump in net profit. The Blinkit partnership now extends the brand’s accessibility to a younger, convenience-driven demographic seeking value and style in equal measure.
“For us, access has always been a core part of the brand promise. Blinkit gives us a platform to meet customers where they are. Whether it is a last-minute gift, a festival look, or just a small treat for yourself, Gargi now arrives in minutes,” said Aditya Modak, Co-founder & Director of Gargi by P N Gadgil & Sons.
With the Blinkit launch, Gargi continues its push toward retail innovation, reaching customers across cities and platforms and purchase occasions.
National News
US Demand Slowdown Hits Diamond, Apparel, Exporters As Factories Shut and Orders Dry Up
A Dual Challenge Of Softening US Demand and Unpredictable Tariff Structures Is Creating Severe Operational Strain Across India’s Export-Driven Manufacturing Sectors.
A dual challenge of softening US demand and unpredictable tariff structures is creating severe operational strain across India’s export-driven manufacturing sectors. Key industrial hubs—specifically Noida’s garment manufacturing sector and Surat’s natural diamond cutting and polishing cluster—are implementing widespread austerity measures, downsizing workforce numbers, and extending holiday shutdowns to mitigate margin erosion.
US buyers are either delaying long-term commitments or demanding steep 20–30% price discounts to absorb potential tariff costs, forcing Indian factories to absorb overheads while revenue stays locked.
Surat’s diamond polishing units have stretched traditional Diwali holiday closures to 25 days this year, compared to 15 days in the previous year. Approximately 300 small-scale diamond cutting and polishing units have shut operations over the past six months,
Demand Drivers Behind the Slump:Weakened retail consumer demand across the United States.Persistent macroeconomic softness and subdued order volumes from China, another primary export market.
US Jewellery Companies Continued To Shrink In The Third Quarter:JBT
US Demand Slowdown Hits Diamond, Apparel, Exporters As Factories Shut and Orders Dry Up
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