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Saurabh Gadgil Opens The Book On A Legacy, A Life and The Choices That Shaped Both

Message To Students, Managers and Entrepreneurs: Learn From Success, But Learn Even More From Failure

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Sachin Jain, Regional CEO, India, World Gold Council, in conversation with Saurabh Gadgil, Chairman & Managing Director, PNG Jewellers, was quite literally 24-karat gold.

At the heart of the conversation was Gadgil’s memoir, Choosing Gold—but the spotlight was not on PNG Jewellers or its formidable 194-year legacy. It was on the man behind the legacy: his choices, convictions, successes, failures and the lessons life taught him along the way. The question at the heart of the conversation was simple yet profound:
What does it take to inherit a 194-year-old legacy—and then find the courage to make it your own?

For Gadgil, the answer lies in the choices made along the way.

Choosing Gold is not a corporate success story dressed up as a memoir. It is a candid, deeply personal account of growing up within a legendary family business, inheriting it at a young age and navigating the pressure, uncertainty and responsibility that came with it.

The book opens the door to the moments that shaped him—conversations with his grandfather and mother, the wisdom of Dajikaka, family support, difficult crossroads and decisions where conviction often mattered more than certainty.

Some choices delivered success. Others brought risk, resistance and failure. And, as Gadgil reflected, both are equally important teachers.

His message was particularly powerful for students, managers and entrepreneurs: learn from success, but learn even more from failure. Life is rarely linear; it comes with twists, turns and unexpected detours. The real test is how calmly and consciously we navigate them.

Gadgil also spoke passionately about people being an organisation’s greatest asset. For him, culture is not what a company claims to be—it is who you truly are, and what you want your organisation to become.

Leadership, he believes, begins with the self. A healthy mind and a healthy body are critical to sustaining the demands of leadership and success. When faced with challenges, his philosophy is simple: stay calm, work towards solving the problem—and when something is beyond your control, learn to leave it to fate.

At the core of his journey is gratitude. Gadgil remains deeply indebted to Dajikaka for believing in him and, importantly, giving him the freedom to make his own choices. Family support, he acknowledges, has been equally fundamental.

And perhaps the most telling insight from the conversation was how Gadgil wants to be remembered: Not merely as the person who inherited a legacy, but as the custodian who took it to a different level.

At 49, Gadgil looks back not simply at what he built, but at who he became while building it.
Choosing Gold is therefore not just a story of inheritance. It is a story of identity—of respecting the past without being imprisoned by it, of having the courage to evolve, and of making choices that are truly your own.

Because ultimately, legacy may be inherited. But what you do with it is always a choice

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National News

Senco Gold & Diamonds Partners With Olocker to Give Customers Free Jewellery Insurance, Letting Precious Memories Be Worn, Not Hidden Away

A Customer-First Initiative Designed to Help People Wear Their Precious Memories with Confidence.

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Senco Gold & Diamonds, one of India’s most trusted jewellery houses, has partnered with Olocker, India’s first dedicated jewellery insurance platform, to offer free jewellery insurance to its customers, protecting purchases against risks such as snatching, robbery, and housebreaking.

On the surface, it’s a simple value-add: buy jewellery from Senco, get it insured, at no extra cost. But the thinking behind it is more personal — the freedom to actually live with the things you love. 

There is a quiet ritual that plays out in homes across India every wedding season, every anniversary. A piece of jewellery is bought with love, worn once or twice with pride — and then, almost apologetically, tucked away in a bank locker for “safekeeping.” The very thing meant to be cherished ends up spending most of its life in the dark.

A Locker Is No Place for a Memory

Ask any family that owns fine jewellery, and you’ll hear the same quiet anxiety: the fear of stepping out wearing something precious, the fear of a break-in while the house is empty. For many, the solution has always been the same — lock it away, take it out only for weddings and festivals, and let it sit untouched the rest of the year.

It’s a practical response to a real risk, but it also means jewellery bought to mark a marriage or a milestone ends up being seen far less than it deserves.

This is the exact problem Senco Gold & Diamonds’ Managing Director, Suvankar Sen,

has spoken about wanting to solve. Known for a customer-first philosophy that goes beyond transactions, Sen has often said jewellery should be something people live with, not something they merely own. “Jewellery is never just metal and stone,” Sen said, explaining the thinking behind the Olocker partnership. “It’s a wedding day, a mother’s blessing, a promise kept. When customers can’t step out wearing it, or can’t leave home without worrying about a break-in, something is broken in that experience. We wanted to fix that.” 

That sentiment is the quiet engine behind this initiative. Rather than simply selling jewellery and stepping back, Senco has chosen to walk the extra mile — ensuring that once a customer takes a piece home, they can wear it freely and pass it down through generations, without the constant undercurrent of worry. 

What the Partnership Actually Offers

Through this collaboration, Senco customers receive free jewellery insurance via Olocker on qualifying purchases, protecting against snatching, robbery, and housebreaking.

Olocker, India’s first digital platform dedicated to jewellery insurance and asset tracking, brings the technical and insurance backbone — while Senco brings its decades of trust, built since 1938, to make sure customers actually use it. 

For a family that has just bought a piece for a wedding, this means peace of mind — wearing that necklace to a dinner without the nagging thought of “what if someone snatches it,” or “what if someone breaks in while we’re away.” 

A Partnership Built on Shared Intent

The excitement isn’t one-sided. At Olocker, the partnership is seen as validation of the idea the platform was built on — that jewellery insurance should be a natural, everyday companion to ownership, not a niche afterthought.

“This is genuinely one of the most exciting collaborations we’ve been part of,” said Milind Shethia, Founder & Chief Marketing Officer at Olocker. “Our mission has been to help people wear their jewellery instead of locking it away, and partnering with a name as trusted as Senco brings that mission to millions of customers at once.

What’s heartening is Mr. Sen’s own approach — he didn’t look at it as a marketing tie-up, but as giving something back to people who’ve trusted Senco for generations. That kind of intent is rare, and it’s exactly the spirit we built Olocker around.” 

That mutual sense of purpose is what gives this partnership its quiet credibility. It isn’t a scheme or a promotional hook, but two organisations agreeing on a simple, shared belief: jewellery should be lived in, not locked up. 

A Bigger Idea About Ownership

There is a broader philosophy at play, one Suvankar Sen has championed throughout his tenure at Senco — that jewellery is an emotional asset as much as a financial one, and customers shouldn’t have to choose between enjoying it and protecting it.

This partnership feels less like a marketing initiative and more like a promise kept, reflecting a leadership style that measures success in something harder to quantify — how cared for a customer feels long after leaving the showroom. 

As jewellery increasingly doubles as adornment and investment, initiatives like this one may well set a new benchmark for customer care in the industry.

Senco, through its partnership with Olocker, isn’t just insuring jewellery against snatching or a break-in — it’s giving people back the freedom to wear their memories, out loud, without fear. 

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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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