National News
Madhuri Dixit inaugurates 20000* sqft jewellery shopping destination for PNG Jewellers at Laxmi Road, Pune
Retail expansion in jewellery aligns with the consumer response in any given market. Phenomenal popularity and product demand call for unprecedented expansion, and one such instance was exhibited by PN Gadgil Jewellers, widely known for its commitment towards excellence across a legacy of 193 years of business and counting, with the launch of a new store besides renovation of its flagship showroom, both at Laxmi Road in Pune, on 23 March, 2025.
Catering to rising demand across all categories of gold, diamond, platinum, and colour gemstone jewellery in the Pune market, the two stores were jointly inaugurated by Bollywood diva Madhuri Dixit in the presence of Dr. Saurabh Gadgil, Chairman and Managing Director of PNG Jewellers; Mr. Parag Gadgil, and members of the PNG Jewellers family. The combined area of the two large-format stores now reach a staggering 20,000 sq. ft.*
Dr. Saurabh Gadgil, Chairman and Managing director of PNG Jewellers said, “Pune holds a special place in our hearts, as it is where our flagship store continues to stand as an example to our heritage and trust. Now, the brand has a total of 53 stores across the world. As we strive to strengthen our retail network further, this expansion brings us closer to our patrons, ensuring they have convenient access to the finest jewellery, steeped in tradition and craftsmanship. We look forward to serving the people of Pune with the same commitment to quality, craftsmanship, and trust.”
Ushering in a completely modern in-store experience while respecting Maharashtrian tradition, the renovated flagship showroom has been redesigned akin to heritage Wada courtyard houses intrinsic to the state. Exclusively retailing in gold jewellery of Kalkatti, temple, antique, and kundan designs, the flagship showroom specialises in bridal jewellery along with a dedicated wedding lounge replete with private make-up stations to give the brides-to-be the attention they deserve. The new 2-storey showroom, on the other hand, stands tall as a hub of the studded categories including diamond, platinum, uncut, polki, and precious colour gemstone jewellery. The expansion has now diversified the product range of PNG Jewellers by an impressive 30-40%, thus giving buyers across all categories better options for an immersive and satisfying shopping experience.
Commenting on the continuing legacy of the brand, ambassador and Bollywood superstar Madhuri Dixit said, “It is a privilege to be a part of this historic event with PNG Jewellers, a company known for its excellence and tradition. Their commitment to preserving tradition while embracing modern designs truly sets PNG Jewellers apart. PNG has always stood for trust, tradition, and timeless craftsmanship.”
The new store of PNG Jewellers is located 500 meters away from their flagship store, and has rolled out exclusive offers such as 0% deduction on old gold exchange, up to 40% off on gold jewellery-making charges, and up to 100% off on diamond jewellery-making charges respectively to celebrate the grand inauguration.
National News
India’s Gems & Jewellery Market Projected To Reach USD 130 Billion By 2030
- The 14th edition of Delhi Jewellery & Gem Fair to mark its biggest ever edition, bringing together 650+ exhibitors, 3,000+ brands, 150,000+ designs & 30,000+ jewellery trade professionals.
- Spread across 5 halls, DJGF 2026 will spotlight an exclusive Silver Pavilion, the largest Machinery Hall, Artisan Zone, Jewellery Retail Symposium, Retail Jewellery Guild Awards, Shakti Awards, Power of Young Awards, Jewellery Manufacturers Icons & much more.
- The event will spotlight lightweight, design-led & commercially viable jewellery.
The 14th edition of the Delhi Jewellery & Gem Fair (DJGF) 2026, North India’s leading B2B jewellery marketplace, is set to return to Bharat Mandapam, New Delhi, from September 26-28, 2026, marking the biggest ever edition in the exhibition’s history.
Organised by Informa Markets in India, the exhibition will provide a comprehensive platform for manufacturers, wholesalers, retailers, distributors, exporters and other industry professionals to discover new collections, build business connections and gain insights.
Timed ahead of the wedding and festive buying cycles, DJGF 2026 is positioned to address evolving market requirements with a strong focus on sourcing, business networking, knowledge exchange and industry engagement. High gold prices and changing consumer purchasing patterns are influencing inventory decisions, with buyers increasingly seeking lightweight, value-conscious, differentiated and commercially viable jewellery.
The exhibition will showcase a wide spectrum of jewellery categories, including plain gold, studded jewellery, silver jewellery, diamond, platinum, gemstones, pearls, bridal, contemporary and fine jewellery, Polki/Jadau, antique jewellery, lightweight jewellery, lab-grown diamonds and gemstones. Alongside jewellery, DJGF 2026 will bring together the wider jewellery ecosystem, including machinery and equipment, technology, packaging, display solutions, software, security systems and allied services, making it a comprehensive B2B sourcing destination.
The 2026 edition will feature leading names from across the jewellery industry, including Beera Jewellers, IDT Gemmological Laboratories, IAGES, Zar Jewels Private Limited, Future Gold & Diamond Jewellery Pvt Ltd, R M Precious Jewellery India Limited, Charu Chain & Jewels Pvt Ltd, Heera Jewels and Gems Pvt Ltd, Shree Balaji Gold, Shree Ramdhari Jewellers, Riddhima Chain & Jewellery, Chain House International Pvt Ltd, Vikas Chain & Jewellery, Grover Jewells Limited, S K Jora Jewellers, K C Jewellers, G R Export, Yashika Diamonds Private Limited, Hissaria Diamonds, Jain Dia Mounts Private Limited, Dazzle Jewels, among others.
A key highlight of DJGF 2026 will be its dedicated Silver Pavilion, bringing a focused selection of silver jewellery exhibitors to the show floor. The exhibition will also feature its largest Machinery Hall, reflecting the increasing role of advanced technology and equipment across the jewellery manufacturing ecosystem.
To further enhance the experience, DJGF includes an Artisan Zone, a live art space celebrating the skill, precision and intricate craftsmanship of Thewa Art Jewellery, and timeless beauty of Silver Filigree of Karimnagar.
The show will introduce the Jewellery Retail Symposium at DJGF for the first time, in strategic partnership with The New Jeweller. The conference will bring together industry experts to discuss retail trends, innovation, consumer behaviour, marketing and business strategies, giving retailers and other trade professionals insights into the forces shaping the market.
DJGF 2026 will also feature the 10th edition of Retail Jewellery Guild Award 2026, Shakti Awards, Retail Jewellery Guild Awards, Power of Young Award, and Jewellery Manufacturers Icons, recognizing contributions and achievements across different facets of the jewellery industry.
Speaking about the upcoming edition, Yogesh Mudras, Managing Director, Informa Markets in India, said:

“India’s gems and jewellery market is projected to reach USD 130 billion by 2030, highlighting the sector’s strong momentum and long-term potential. At the same time, high gold prices and shifting consumer preferences are encouraging retailers to focus on lightweight, value-conscious and differentiated designs, while greater emphasis on hallmarking, transparency and responsible sourcing is shaping the way the industry operates.
As the sector enters one of its most important buying periods, with the festive and wedding season driving demand, DJGF 2026 returns for its 14th edition as the biggest edition in the exhibition’s history. The show has been optimally positioned to provide businesses with opportunities to discover new products, understand industry perspectives, respond to changing demand and strengthen their competitiveness in a dynamic market.”
As the industry evolves, DJGF 2026 will also place greater emphasis on responsible sourcing, sustainability, hallmarking and transparency. The exhibition has partnered with the Responsible Jewellery Council (RJC) as its Sustainability Partner, bringing sustainability and responsible business practices into the broader industry conversation.
Under its “Apna Delhi Wala Show” campaign, the show has built a strong identity within the North Indian jewellery trade, with 14 years of facilitating business connections and industry engagement. The 2026 edition is designed to further strengthen this position through its scale, product breadth, curated buyer programme and pre-festive timing.
DJGF 2026 is supported by leading industry associations including The Bullion and Jewellers Association Delhi, Karol Bagh Jewellers Association, Delhi Jewellers Association Mumbai Wholesale Gold Jewellers Association, Maliwara Jewellers Association, Dariba Jewellers Association, All India Jewellers & Goldsmith Federation, Gurugram Jewellers Association further reinforcing its credibility and reach within the trade ecosystem.
With the jewellery industry navigating high gold prices, evolving consumer preferences and increasing emphasis on responsible business practices, the show will provide a timely platform for the trade to explore new collections, evaluate technologies, identify emerging opportunities and forge business partnerships, while contributing to the continued development of India’s jewellery ecosystem.
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