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

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.

National News
Manubhai Jewellers Champions Mobility Aid Initiative to Empower Differently-Abled Individuals

Manubhai Jewellers has reaffirmed its commitment to social responsibility by supporting the Empowering Wheels, Empowering Lives initiative, in partnership with the Rotary Club. The initiative focused on providing mobility aids to differently-abled individuals, with the aim of restoring not just physical movement, but a sense of freedom, independence, and personal dignity to those affected by accidents or medical conditions.
The jewellery brand’s involvement stemmed from a desire to solve real-world challenges through compassionate action. The initiative demonstrated how businesses can move beyond commercial interests to address practical issues faced by members of the community. Through this programme, five individuals with severe mobility challenges were identified by the Rotary Club. Each recipient had a unique story of resilience, and Manubhai Jewellers stepped in to support their journey by donating specially built electric scooters, tailored to the needs of differently-abled users.

Samir Sagar, Director of Manubhai Jewellers, elaborated on the brand’s vision behind this heartfelt contribution:
“Honestly, it started with a simple thought that we meet and serve hundreds of people every week, and somewhere we’ve seen first-hand how tough life can get when mobility is lost. When the Rotary Club reached out with this idea, it just felt right. Giving someone the freedom to move on their own.”
The event took place as part of a larger local initiative organized by the Rotary Club, and included a formal stage ceremony where the five recipients were introduced and publicly presented with their mobility aids. The occasion brought together local stakeholders, creating a collective moment of support and solidarity. It also highlighted how collaboration between civic bodies and businesses can result in meaningful, on-the-ground change in the lives of everyday citizens.
Speaking further on the company’s larger purpose, Sagar said:
“For us, it’s always been about celebrating strength, be it through jewellery that marks a milestone, or through initiatives like this that restore someone’s independence.”
While the brand emphasized that the initiative was not designed for commercial promotion, it naturally led to greater awareness and appreciation within the local community.
“We didn’t really do it expecting attention or engagement,” Sagar explained. “However, such initiatives always manage to generate an overall feeling of community building.”
As Manubhai Jewellers continues its evolution from an owner-managed entity to a professionally-run organisation, the company has broadened its vision to include a deeper sense of responsibility towards the wider society. The brand’s support for this initiative aligns with its growing CSR roadmap, which seeks to integrate empathy, accessibility, and empowerment into its business ethos.
Looking ahead, Manubhai Jewellers is planning to participate in more such community-driven efforts, with the focus firmly on creating practical solutions for those who need them most. The five individuals selected for this project were chosen by the Rotary Club based on their specific needs and aspirations. Each case reflected the determination of individuals who wished to remain active contributors to society but were hindered by physical limitations.
Established in 1993 as a jewellery manufacturing and wholesale venture in Gujarat, Manubhai Jewellers opened its first independent retail showroom in Borivali West, Mumbai, in 2008. Today, the brand operates three showrooms—two in Borivali and one in Thane—continuing to blend tradition with a strong sense of social purpose.
National News
GJEPC Reinforces MSME Commitment at ASSOCHAM’s Mega Sammelan 2025 in Lucknow

The Gem & Jewellery Export Promotion Council (GJEPC) showcased its continued support for Micro, Small, and Medium Enterprises (MSMEs) at the ASSOCHAM Mega MSME Sammelan 2025, held in Lucknow on June 26–27 to commemorate MSME Day. The event aimed to celebrate the vital role of MSMEs in India’s economic and export growth, while fostering dialogue on strategies for their sustained development.

Representing GJEPC, Mr. Antarpal Singh Sawhney, Regional Chairman (North), addressed a gathering of nearly 500 participants, including policymakers, industry leaders, and MSME representatives from various sectors. In his speech, he highlighted the Council’s dedicated initiatives tailored to uplift the MSME segment within the gem and jewellery industry.
Key initiatives discussed included:
- Facilitating access to MSME government schemes
- Encouraging participation in domestic and international exhibitions
- Promoting the Parichay Card scheme for workforce formalisation
- Driving major infrastructure projects such as the Bharat Ratnam Mega CFC, the Gem Bourse in Jaipur, and the IIGJ (Indian Institute of Gems & Jewellery) in Delhi
Mr. Sawhney also reiterated GJEPC’s ambitious export target of USD 45 billion by 2030, in alignment with India’s broader vision of becoming a developed economy by 2047.
The event served as a robust platform to acknowledge the MSME sector’s pivotal contributions and explore collaborative efforts to accelerate their integration into global value chains.
National News
Shazahn Padamsee Celebrity Face for JAS 2025 at the Exhibitors Networking Evening

Jewellers Association Jaipur hosted a royal Exhibitors Networking Evening for JAS: The Premium B2B Show at Jaipur Marriott Hotel. The moment sparkled as the Celebrity Face of JAS 2025, Shazahn Padamsee arrived wearing the jewellery by Sunil Jewellers Jaipur. She also unveiled the new poster of JAS 2025 in a grand ceremony.
The exhibitors from across India came together to connect and gear up for JAS Show! Welcomed with colourful bandhani dupattas, everyone felt the warmth of Jaipur’s hospitality.

Committee members — Alok Sonkhiya (President, Jewellers Association Jaipur), Ashok Maheshwari (Convenor, JAS), Neeraj Lunawat (Honorary Secretary), Raju Mangodiwala (Vice President & Co-Convenor, JAS), Ajay Godha (Joint Secretary) and Naresh Agroya (Co-Convenor, JAS & Coordinator JEA) — shared the key highlights and new features of JAS 2025, inspiring exhibitors to make the most of this premier B2B platform.
And, a rocking performance by Indian Idol fame Piyush Panwar made the evening unforgettable.

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