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Gargi Silver Jewellery Achieves Historic Milestone with 100th Store Opening

Leading Silver Jewellery Brand Gargi by PNGS Expands its Nationwide Presence with two new stores in Patna and Mumbai and completes its 100th store milestone.

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Gargi by P N Gadgil & Sons, one of India’s fastest-growing fashion jewellery firms, opened its 100th store, a big step forward in its growth. The company opened two new stores this month in important cities like Patna and Kurla (Mumbai).


This milestone comes after the company had a great financial quarter, with revenue rising 20.4% to Rs.27.31 crore and net profit rising 29.3% to Rs. 5.31 crore in Q1 FY26. Gargi started three years ago with the goal of building a unique fashion jewellery company. Since then, it has grown tremendously, with a footprint that spans all of India, from big cities to little towns, from north to south and east to west.


Aditya Modak, Co-founder and CEO of PNGS Gargi Fashion Jewellery Ltd
., remarked, “This journey has been nothing short of amazing, from one dream to 100 stores. We had a plan and a clear goal three years ago, but we knew that the only thing we could count on was that things would change. Today, establishing our 100th store feels like getting a hundred points.”


Gargi’s rapid growth shows that she is dedicated to making high-quality fashion jewellery available in a wide range of marketplaces. The company’s growth plan has concentrated on making a strong local presence while keeping the same high quality and design standards that have made customers happy across the country. The company has grown quickly and remained profitable since it has no debt and a strong financial base.


“Targets never felt like targets at Gargi; they were personal milestones,” Aditya Modak said. “Our teams didn’t just work together; they became a family that cared about every step of this trip. For all Gargians who worked for us, reaching our 100th store is a personal accomplishment since they weren’t just employees; they were dreamers who wanted to make Gargi their own.”


This month, all our new stores debuted with the help of a Gargi. She was either a team member or a family member, like the wife of a Gargi employee. This is a unique example of family culture. Even though the company invited important guests to the ceremonies, it stayed true to its core values by having a true representation of Gargi open the stores. This showed the deep emotional connection and sense of ownership that are hallmarks of the Gargi culture.


Key Highlights:

• 100 stores opened within three years of starting operations

• Strong performance in Q1 FY26: revenue grew by 20.4% to ₹27.31 crore and profit grew by 29.3% to ₹5.31 crore

• Two new stores opened in August 2025 in Patna and Kurla (Mumbai).

• A presence across the country, from metro areas to tier-2 and tier-3 markets

• Coverage across the whole country, from north to south and east to west

• A debt-free financial position that sets the stage for future growth
• A wide range of products, with more than 15,000 SKUs at different price points
• Marketing campaigns that worked: The recent Monsoon campaign got 35% more people to respond.

The Gargi family’s hard work, from employees and customers to investors and well-wishers who believed in the brand’s vision, led to the company’s success. “The road hasn’t been smooth; it’s been a roller coaster of ups and downs. But like a good game of sport, it’s our team’s collective spirit and determination that turned problems into chances,” said Aditya Modak.

 
Gargi sees the 100-store milestone not as the end of something, but as the start of something even bigger. The company wants to develop even more; therefore, it plans to issue 1,12,500 shares at ₹970 per share to pay for more marketing costs and speed up retail growth across the country. The company is still working on growing its business and becoming a more trusted name in fashion jewellery across India.

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Bollywood Actor, Vicky Kaushal Inaugurates Harit Zaveri Jewellers’ Flagship Showroom At Surat

Inaugurated By Vicky Kaushal, Harit Zaveri Jewellers’ 10,000 sq. Ft. Surat Flagship Blends Indian Craftsmanship, Contemporary Design and Transparent Retail

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Harit Zaveri Jewellers, the Ahmedabad-based jewellery destination founded in 2014, expands its presence across Gujarat with the opening of its new 10,000 sq. ft. flagship  in Surat. The new space at Parle Point in Surat is built on Harit Zaveri Jewellers’ founding principles: a contemporary approach to heritage Indian jewellery, transparent retail and considered design. 

Actor Vicky Kaushal, alongside Founder Harit Zaveri, inaugurated the space with a grand Kabuki Drop, marking a significant new chapter for the brand in one of Gujarat’s key jewellery markets. 

Harit Zaveri, Joint Managing Director, Harit Zaveri Jewellers shared

“We wanted someone whose public persona and approach to his work had some resonance with what we are trying to build. Vicky has that combination of reach, humility and substance. So for us, it was both a communication decision and a value alignment.”

Vicky Kaushal, Actor , as he browsed through the flagship and jewellery shared:

“When I was invited  to attend the opening of a jewellery brand in Gujarat whose ethos lay in  right craftsmanship, right quality and right price it stood out to me . In today’s fast-paced world, there is something truly special about the sincerity and quality it takes to carry forward a legacy as distinguished as Harit Zaveri Jewellers. Buying jewellery comes with a great deal of trust, and that trust is built through the values upheld over time. I’m really happy to be here in Gujarat  and be a part of the unveiling of Harit Zaveri’s  new legacy in Surat.

To me personally, jewellery is tied to  memories and celebrations, and you can feel that sentiment in the designs here”

Built on the belief in “the right craftsmanship, the right quality and the right price,” Harit Zaveri Jewellers has grown from its roots in Ahmedabad into one of the region’s most trusted jewellery names. The brand’s growth has been guided by a commitment to honest and ethical business practices, reflected in its philosophy of conducting business with fairness, transparency and equal respect for every customer.

For Harit Zaveri Jewellers, trust is not simply about the quality of the jewellery; it is also about how the business conducts itself. The brand believes customers should be able to understand what they are paying for, ask questions, compare their options and take their time before making a decision, without pressure or distinction. This approach to honest dealing forms an integral part of Harit Zaveri Jewellers relationship with its customers and its larger ambition to contribute towards changing perceptions around the jewellery profession.

The brand’s foundation is also rooted in a long-standing family legacy in jewellery through RBZ Jewellers Ltd., and this understanding of craftsmanship, quality and responsible business has continued to shape Harit Zaveri Jewellers. Today, the brand offers jewellery across everyday, occasion, statement and bridal categories, bringing together traditional Indian craftsmanship, distinctive design and a retail experience built around transparency and trust.

Now in Surat

The new Harit Zaveri Jewellers Surat flagship brings to life India Modern – the legacy’s  interpretation of how Indian jewellery retail can evolve with the times while remaining rooted in its origins. The concept brings together Indian craftsmanship, materials and cultural identity with contemporary design, technology and transparency, creating a spacious and considered interiorscape designed around the experience of discovering and wearing jewellery. The flagship is conceived not merely as a display space, but as an environment where jewellery remains the protagonist and every element supports how it is discovered. Having established itself in Ahmedabad with a strong foundation of ethics and integrity, the brand now expands to Surat, bringing the same values and commitment to its customers. 

The Harit Zaveri Jewellers flagship uses Indian stone, sandstone, wood, brass and crafted surfaces alongside clean geometry, layered lighting and generous circulation. Rather than using traditional Indian elements as decoration, the design draws from ideas of proportion, rhythm, thresholds, screens and framed views to create a space that feels distinctly Indian without being conventional, allowing the consumer’s experience to remain at the centre. The space is designed by Rahul Bansal, Partner at group DCA.

At Harit Zaveri Jewellers, jewellery is more than ornamentation – it is a reflection of the wearer, her individuality and the moments she chooses to celebrate. Every piece is thoughtfully detailed, crafted with precision and designed to feel distinctive, bringing together quality craftsmanship and versatile, one-of-a-kind designs. From everyday and occasion wear to statement and bridal jewellery, Harit Zaveri Jewellers offers a diverse range under one roof, created to suit different moments and expressions.

At its core remains the belief in the right craftsmanship, the right quality and the right price. 

The Jewellery Collection : 

Gul thatdraws from the journey of the mogra from bud to bloom, reflecting ideas of becoming, self-discovery and inner radiance. Crafted in 22KT gold, the collection brings together floral and botanical forms, paisley and leaf motifs, pearls, beads and coloured gemstones, with traditional craftsmanship interpreted through a contemporary lens. 

Saanjh looks at the wedding through the intimate moments that surround it –  the conversations, rituals, laughter and quiet pauses that become part of the story. Designed for the modern bride, the collection brings together 22KT gold, uncut polki and kundan work, temple-inspired forms, engraved bangles, sculptural cuffs and statement pieces, balancing Indian heritage with a more individual approach to bridal dressing. 

The Polki collection celebrates the timeless allure of uncut diamonds, bringing the richness of traditional Indian jewellery into a more contemporary expression. Paired with vivid emeralds, pearls and intricate gold craftsmanship, from necklaces and bridal sets to kadas, earrings and rings. Rooted in the grandeur of Indian heirloom jewellery, each piece is designed to feel distinctive yet enduring, jewellery that can mark a special moment today and become part of a story carried forward. 

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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.

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