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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

DGSL launches India’s first structured insurance appraisal service for GJ sector

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DGSL, one of India’s leading gems and jewellery testing and certification authorities, has announced the launch of specialized Insurance Appraisal Services for gems and jewellery, introducing what it describes as the country’s first structured, standards-driven appraisal service dedicated to insurance documentation.

The initiative seeks to address a long-standing gap in the Indian market, where jewellery insurance documentation has often lacked standardized gemological evaluation and globally aligned valuation methodologies / practices.

With the rising value of fine jewellery collections, heirloom pieces, and investment-grade gemstones, the demand for precise and internationally compliant insurance appraisals has grown significantly. DGSL’s appraisal reports include detailed gemstone identification, grading analysis, market-aligned valuation methodology, high-resolution imaging, and clearly defined value conclusions prepared specifically for insurance coverage purposes.

The reports aim to provide clarity and reliability for clients, insurers, and financial institutions by ensuring accurate replacement value assessments and minimizing ambiguity during insurance claims.

In a parallel development,  Atul Jain, Director at DGSL, has been granted membership in the National Association of Jewelry Appraisers (NAJA), one of the world’s most respected professional organizations dedicated to jewellery appraisal standards, ethics, and professional education.

Jain, a Graduate Gemologist with more than four decades of experience in the jewellery trade, has played a significant role in gemological education, diamond grading, and jewellery authentication in India. His professional expertise spans natural diamonds, coloured gemstones, antique jewellery evaluation, and market advisory.

Atul. Jain said, “The introduction of structured insurance appraisal services marks an important evolution for the Indian jewellery industry. Jewellery today represents not only adornment but also heritage, investment, and emotional legacy. It deserves documentation that meets global standards of accuracy, transparency, and credibility.”

DGSL’s Insurance Appraisal Services will cater to private collectors, high-net-worth individuals, jewellery retailers, estate planners, financial institutions, and insurance providers. Each appraisal follows internationally accepted valuation principles while being adapted to the dynamics of both the Indian and global jewellery markets.

With over two decades of excellence in testing and certification, DGSL has built a reputation grounded in scientific accuracy, ethical practices, and client trust. The addition of Insurance Appraisal Services further strengthens DGSL’s position as a comprehensive authority in gemological certification and valuation.

This initiative sets a new benchmark for professionalism within India’s gems and jewellery sector, ensuring that valuable jewellery assets are not only authenticated but also properly valued and protected.

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