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PNG Jewellers strengthens its presence in Nashik with second large-format store inaugurated by brand ambassador and Bollywood diva Madhuri Dixit

Spanning over 3,000 sq. ft., this new store on the bustling Sharanpur Road offers exquisite gold, diamond, and silver jewellery for every consumer preference, along with exclusive launch offers.

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PNG Jewellers, a 193-year-old legacy brand and a trusted name in the Indian jewellery industry, has added another milestone to its journey with the grand opening of its second store in Nashik, Maharashtra. The store was inaugurated by brand ambassador and Bollywood diva Madhuri Dixit, in the presence of Dr. Saurabh Gadgil, Chairman and Managing Director of PNG Jewellers; Parag Gadgil, Executive Director; and members of the PNG Jewellers family. This expansion aligns with the brand’s vision of making its exquisite jewellery more accessible to customers across Maharashtra.

The spacious store showcases an exquisite collection of gold, natural diamond, silver, and platinum jewellery, catering to both traditional and contemporary tastes. Celebrating the launch, the brand has rolled out exclusive offers of up to 20% off on gold jewellery making charges and up to 50% off on natural diamond jewellery making charges, valid from August 12 to August 26, 2025.

Dr. Saurabh Gadgil, Chairman & Managing Director of PNG Jewellers, said, “The opening of our new store in Nashik is a proud moment for all of us. The immense love and trust from our customers here have encouraged us to strengthen our presence in this culturally rich and fast-developing city in Maharashtra. This expansion responds to the growing demand for our jewellery and our commitment to making PNG’s hallmark-certified designs and craftsmanship more accessible. We look forward to celebrating the traditions, artistry, and trust that define PNG Jewellers with the residents of Nashik.”

Bollywood icon Madhuri Dixit said, “It is always a joy to be here in Nashik, a city that beautifully blends its spiritual heritage with a modern outlook. I am honoured to inaugurate PNG Jewellers’ second store here, a symbol of the brand’s deep connection with its customers and its unwavering commitment to excellence. PNG Jewellers has earned the trust of generations through its timeless quality and designs, and I am certain this new store will continue to celebrate the craftsmanship and emotions that make jewellery truly special.”

Nashik, the holy city of Maharashtra and a revered centre of pilgrim heritage, has always been a place where culture, tradition, and artistry thrive. PNG Jewellers, with its deep-rooted legacy in crafting exquisite jewellery, will showcase the very best of its range in this new state-of-the-art showroom.

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National News

Bhima Gold Unveils Ashtalakshmi Coin Collection for Akshaya Tritiya, Blending Devotion with Exquisite Design

A culturally rooted, insight-led launch that reimagines festive gold buying through storytelling, symbolism, and spiritual relevance.

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In a move that blends cultural storytelling with product innovation, Bhima Gold has unveiled its Ashtalakshmi Coin Collection for Akshaya Tritiya – positioning gold not just as a purchase, but as a deeply symbolic expression of prosperity, faith, and intent.

Timed with one of India’s most significant gold-buying occasions, Akshaya Tritiya, the launch reflects a deeper cultural shift in consumer behaviour. While the festival continues to drive strong purchase intent, there is a growing preference for meaningful, purpose-led buying experiences over purely transactional consumption.

Aligned with this evolving mindset, the Ashtalakshmi coin collection has been thoughtfully conceptualised to blend tradition with deeper symbolism. Inspired by the eight sacred forms of Goddess Lakshmi, each coin represents a distinct dimension of prosperity—from wealth and nourishment to courage, knowledge, and continuity.

By bringing together Adi Lakshmi, Dhana Lakshmi, Dhanya Lakshmi, Gaja Lakshmi, Santana Lakshmi, Veera Lakshmi, Vijaya Lakshmi and Vidya Lakshmi, the collection reframes gold coins from being a generic festive purchase to a story-driven, culturally immersive product experience – one that resonates across generations and belief systems.

This launch also aligns with Bhima Gold’s larger centenary narrative of “Together Purever,” which focuses on legacy, shared traditions, and evolving consumer meaning. The collection becomes an extension of that philosophy – reinforcing how heritage brands are reinterpreting tradition for a more aware and emotionally driven consumer.

Customers can pre-book their favourite jewellery by paying just 10% in advance & get their jewellery on Akshaya Tritiya at the lowest rate, which gives customers more flexibility and helps them plan their purchases with greater confidence, especially at a time when gold prices are high.

Akshaya Tritiya has traditionally been associated with intention, belief, and the aspiration for prosperity, extending beyond a purely transactional act of buying gold. The Ashtalakshmi Coin Collection has been conceptualised to reflect this deeper cultural and spiritual significance, with each coin designed to carry a distinct meaning and sense of purpose. The initiative also aligns with evolving consumer preferences, where there is a noticeable shift towards jewellery that offers emotional, cultural, and spiritual resonance in addition to intrinsic value.

With gold prices near record highs and consumer sentiment becoming more considered, Bhima’s Ashtalakshmi Coin Collection signals a broader shift in the category — from price-led promotions to meaning-led engagement, where design, storytelling, and cultural relevance drive both differentiation and demand.

As legacy brands navigate a new era of conscious consumption, Bhima Gold’s latest offering highlights how tradition can be reimagined as experience, making gold buying not just an act of investment, but an expression of identity and belief.

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