National News
Raniwala 1881 Partners with Francorp to Scale Retail Footprint Through Franchising
The iconic Jaipur-based jewellery house adopts FOFO and FOCO models to expand across India while preserving its royal heritage and artisanal legacy
Raniwala 1881, the luxury jewellery brand rooted in Jaipur’s rich heritage, has announced a strategic alliance with Francorp, the franchising advisory arm of Franchise India Group, to fuel its next phase of growth through a structured franchise model.
This partnership marks a significant milestone for the 140-year-old brand as it seeks to expand its retail footprint across India while staying true to its legacy of regal design and meticulous craftsmanship.
Under the agreement, Raniwala 1881 will implement both Franchise-Owned, Franchise-Operated (FOFO) and Franchise-Owned, Company-Operated (FOCO) models. These formats aim to offer opportunities for entrepreneurs and investors to be part of the evolution of one of India’s most prestigious fine jewellery brands.
“Our jewellery is more than just adornment; it is a representation of centuries-old craftsmanship and a deep-rooted heritage,” said Abhishek Raniwala, Managing Director of Raniwala 1881. “With the growing demand for handcrafted Polki and Jadau jewellery, this partnership with Francorp allows us to expand while preserving our brand’s exclusivity.”
Founded in the 19th century by Rai Bahadur Champalal of Beawar, the brand carries a legacy dating back to the British era, when the family was honored with the title “Raniwala.” The brand continues to be a trusted name in bridal jewellery, known for its 18-karat gold Polki pieces that appeal to both Gen Z and Millennial audiences.
Over the years, Raniwala 1881 has also collaborated with some of India’s top fashion designers, including Sabyasachi Mukherjee, Manish Malhotra, and Rahul Mishra, reinforcing its place at the intersection of heritage and high fashion.
The shift toward franchising comes as India’s jewellery market undergoes a transformation, with consumers increasingly gravitating toward branded, story-driven luxury pieces that offer authenticity and traceability.
Francorp will help guide Raniwala 1881’s expansion across metro cities and fast-growing luxury markets, ensuring a consistent retail experience that honors the brand’s heritage.
“Luxury retail is evolving rapidly, and heritage brands like Raniwala 1881 are leading the way in strategic expansion while maintaining timeless elegance and exclusivity,” said Gaurav Marya, Chairman of Franchise India Group. “Franchising provides an effective model to scale without compromising brand integrity. With FOFO and FOCO formats, we’re introducing a new dimension to luxury jewellery retail in India.”
National News
This Ashadh, Maharashtra’s Greatest Walk Of Faith Becomes A Jewel: PNGS Unveils ‘Waricha Suvarnasaj’
The 192-year-Old Jewellery House Launches ‘Dagina Maharashtra-Cha ‘, A First-Of-Its-Kind Series That Crafts One Handcrafted Gold Masterpiece Every Month, Each Capturing An Iconic Symbol Of Maharashtra. The Journey Begins With A Tribute To The Wari.
What if you could hold a month in your hands? The rhythm of the taal and mridang, the chant of “Dnyanoba–Tukaram” rising over dusty roads, lakhs of Warkaris walking towards Pandharpur with nothing but longing in their hearts and all of it, captured in gold.
P. N. Gadgil & Sons (PNGS), Maharashtra’s beloved 192+ year old jewellery house, today unveiled ‘Dagina Maharashtra-cha’ (The Jewel of Maharashtra) an unprecedented Product of the Month series in which the brand’s master craftsmen will create one unique, handcrafted gold masterpiece every month, each inspired by a singular, iconic symbol of Maharashtra: its seasons, its festivals, its faith, and its living heritage.
The series opens in the sacred month of Ashadh with ‘Waricha Suvarnasaj ‘, a one-of-a-kind creation dedicated to the Wari, the centuries-old pilgrimage that defines Maharashtra’s spiritual soul.
A Pilgrimage You Can Wear
Look closely, and the piece begins to speak.
The myriad golden beads echo the sanctity of the Tulsi mala and the unbroken devotion of the Warkaris. At its heart, two ornate forms evoke the divine presence of Vitthal and Rukmini, while an arrangement of green gemstones recalls the Kaustubh gem and the purity of Tulsi leaves. Even the design language draws from the traditional fish-shaped ear ornaments (masoli karnabhushan) adorning Vitthal and Rukmini, so that every detail of the piece carries the cultural memory of the Wari.
This is not jewellery designed for a season’s trend. It is a story of faith, rendered in gold.
Aditya Modak, COO/CFO of P N Gadgil & Sons said:
“A dagina is never just an ornament; it carries the heritage of a culture and the identity of its land. With ‘Dagina Maharashtra-cha’, we are attempting something no jewellery house has done before: preserving Maharashtra’s story, month by month, in gold. There could be no truer beginning than the Wari because the Wari is not a pilgrimage alone; it is who we are,”
Twelve Months. Twelve Stories. One Maharashtra.
Each month, PNGS will unveil a new handcrafted creation inspired by the character of that Marathi month, its changing landscape, its celebrations, its beliefs and its history. Together, the twelve pieces will form a golden chronicle of Maharashtra itself, a collection conceived not merely to be owned, but to be inherited.
For patrons and collectors, this makes every month an occasion: a new story revealed, a new masterpiece to discover, and a rare opportunity to bring home a piece of Maharashtra’s identity before the calendar turns.
‘Waricha Suvarnasaj’ is now on display across all PNGS stores in Maharashtra. Patrons can experience the piece up close and learn the story behind every motif from PNGS’s in-store experts.
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About P N Gadgil & Sons (PNGS)
Founded in 1832, P N Gadgil & Sons is one of India’s most trusted legacy jewellery houses, carrying forward 192+ years of craftsmanship, purity, and cultural pride. Today, PNGS serves customers through 126 points of sale across 65 cities and 21 states, blending time-honoured artistry with contemporary design under its house of brands, including Gargi by PNGS.
Social media handle of PNGS and Spokesperson
PNGS Website -https://www.onlinepng.com/
PNGS Instagram – https://www.instagram.com/pngadgilandsons/
PNGS LinkedIn – https://www.linkedin.com/company/png-sons-p-n-gadgil-and-sons-ltd/
Aditya Modak LinkedIn – https://www.linkedin.com/in/aditya-modak-9a8393102/
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Aarya Raut – 8484809115
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