loader image
Connect with us

National News

Gargi by PNGS Celebrates Growth with New Store Openings in Aurangabad and Indore

The Fashion Jewellery Brand Marks Significant Expansion, Bringing its Total Store Count to 12 in Just Three Years

Published

on

512 Views

Gargi by P N Gadgil & Sons (PNGS), a leading name in the fashion jewellery industry, has closed the year with a strong performance, inaugurating two new stores in Aurangabad and Indore. These additions bring the total number of exclusive Gargi outlets to 12, marking a major milestone in the brand’s rapid retail growth over the past three years.

Expanding Reach in Emerging Markets
The new stores, located in high-traffic retail destinations—Prozone Mall in Aurangabad and Citadel Mall in Indore—are part of Gargi’s strategy to expand into Tier 2 and Tier 3 cities. This move is aimed at catering to the increasing demand for affordable, high-quality fashion jewellery in smaller urban centers, beyond the metropolitan regions.

A Year of Achievements and Innovation
2024 has proven to be a landmark year for Gargi. The brand expanded its footprint in Delhi with the opening of its Kapil Vihar, Pitampura store, and made further strides in Maharashtra with new outlets in Pimple Saudagar and Aurangabad. These expansions reinforce Gargi’s commitment to making stylish fashion jewellery more accessible to a wider audience.

The brand also launched the Utsaav collection, a festive range perfect for special occasions, and introduced its first-ever Kids Collection, featuring certified sterling silver jewellery designed with both safety and style in mind. These initiatives demonstrate Gargi’s dedication to inclusivity and diversification within the fashion jewellery market.

Aditya Modak, Co-founder of Gargi by PNGS, expressed, “Our growth isn’t just about numbers; it’s about connection. When people from different cities—whether women, men, or children—resonate with our designs, we know we’re on the right track. Aurangabad and Indore are not just new stores; they represent fresh relationships, inspiration, and opportunities for creative expression.”

Financial Growth and Future Goals
Gargi by PNGS has also achieved impressive financial milestones, surpassing a market capitalization of Rs. 1,500 crore, with plans to reach Rs. 100 crore in revenue by March 2025. The brand’s franchise-driven model has played a key role in this success, empowering local entrepreneurs while expanding the PNGS legacy. With PNGS boasting an annual turnover of over Rs. 8,500 crore, Gargi’s journey is marked by a blend of heritage and innovation.

Looking to the future, Gargi aims to continue its expansion across India, capitalizing on shifting consumer preferences and forging deeper connections with jewellery enthusiasts of all ages.

Continue Reading
Advertisement JewelBuzz Banner
Click to comment
Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

National News

Zen Diamond Strengthens Its India Presence With A New Store Launch At Lake Shore Mall, Hyderabad

Expanding Its India Footprint, Zen Diamond Brings Global Design, Certified Natural Diamonds, and Elevated Retail Experiences To Hyderabad With Exclusive Festive Offers

Published

on

1,951 Views

Zen Diamond, the globally acclaimed fine jewellery brand with a presence across 450+ stores worldwide, continues to expand its footprint in India with the opening of its new store at Lake Shore Mall, Hyderabad. After establishing a strong foothold in Mumbai with stores in Bandra and Borivali, and further strengthening its presence in Chandigarh and Bengaluru, the brand now brings its hallmark of exquisite craftsmanship and modern design to Hyderabad. Last year, the brand announced global icon Jennifer Lopez as its brand ambassador, marking a new phase of glamour, innovation, and timeless sophistication.

The 800 sq. ft. store at Lake Shore Mall embodies Zen Diamond’s signature design language, featuring a refined grey palette, premium finishes, fluted panels, and elegant stucco textures that enhance the brilliance of each creation.

Celebrated for its mastery in crafting natural diamond jewellery of exceptional quality, Zen Diamond seamlessly blends timeless artistry with contemporary aesthetics. With a strong legacy rooted in craftsmanship and innovation, the brand caters to discerning consumers who value exclusivity, sophistication, and modern design. Guided by affordability and trust, Zen Diamond continues to resonate with consumers seeking enduring value without compromising on style.

Along with fine jewellery, the brand also offers a curated range of luxury accessories, including perfumes, ties, watches, pens, and gold coins, positioning itself as a one-stop destination for refined gifting and personal indulgence.

Speaking about the new Hyderabad store, Neil Sonawala, Managing Director, said,

“India continues to be a key growth market for us. After strong responses in Mumbai, Chandigarh, and Bengaluru, we are pleased to expand further into South India with Hyderabad. Our focus remains on delivering exceptional in-store experiences, offering customers a personalized and immersive jewellery journey that blends contemporary design with timeless artistry.”

With this launch, Zen Diamond reinforces its vision of redefining fine jewellery in India, offering a seamless fusion of global design trends and enduring sophistication. The brand is also among the few in India to offer Natural Diamond Certification, strengthening consumer confidence in the authenticity and superior quality of its jewellery.

On the auspicious occasion of Akshaya Tritiya, Zen Diamond is offering an exclusive benefit of a complimentary 1.5-gram 24Kt gold coin on every purchase of Rs. 90,000 on diamond jewellery, adding extra sparkle to the festive celebration.

Additionally, customers can avail Zero Cost, Zero Interest EMI, with just 10% upfront payment and the balance payable in easy monthly instalments, making jewellery purchases more accessible and convenient.

Zen Diamond India is also offering added value through its “Trade Your Old Gold” program, where customers receive an additional Rs. 2,400 per gram over the prevailing market value, enabling them to upgrade existing gold into new, meaningful jewellery.

Continue Reading

Trending

JewelBuzz is Asia’s First Digital Jewellery Media & India’s No.1 B2B Jewellery Magazine, published by AM Media House. Since 2016, we’ve been the trusted source for jewellery news, market trends, trade insights, exhibitions, podcasts, and brand stories, connecting jewellers, retailers, and industry professionals worldwide.

We would like to hear from you...

GET WHATSAPP NEWS ALERTS

0
Would love your thoughts, please comment.x
()
x