National News
THE GEMS BEHIND OUR JEWELS
Gold is an integral part of our lives, more so in the lives of women. Considered auspicious, gold is part of every celebration – be it festivals or personal milestones. According to the World Gold Council, Indian women collectively own around 24,000 tons of gold, which accounts for about 11% of the world’s total gold reserves in jewellery form. It is only right to say India is the global leader in household gold ownership. The Oxford Gold Group’s report states that the Indian households have more gold than the combined reserves of the United States, the International Monetary Fund (IMF), Switzerland and Germany.
Vummidi Bangaru Jewellers has been serving the Indian community with authentic and aesthetically appealing gold jewels for 125 years, now. VBJ has been a benchmark for purity and trust for decades. Our remarkable growth story and undying patronage since the 1900 has been possible because of our quality, design and innovation in the jewellery space. Every piece of jewellery from VBJ is intricately crafted to bring out its true emotion with the purest of materials and finest craftsmanship. This has been possible because of the talented and focussed professionals of the VBJ team.
While VBJ is beyond gender classification among its team members, with women’s day round the corner, it is only right to celebrate and congratulate the women who have been instrumental for VBJ’s phenomenal growth.
We have a total of 254 women employees at VBJ – 233 in the retail and 21 in the creative centre. While it is our principle to value every employee, we are extremely proud of three women employees specifically who have spent decades with VBJ. Padmasri M has been with us for 42.08 years, Vanitha for 42.02 years and Latha S for 34.1 years. At this age and time, it is truly remarkable.
As of now, we have 8 women designers and all of them have been trained at National Institute of Fashion Technology (NIFT). In the earlier years, there have been several prominent women leaders who have made significant contributions to the brand, showcasing remarkable leadership and management skills in their respective roles like Vanitha, Latha, Revathi and Radha.
Vanitha handled the Anna Salai Silver branch, where she demonstrated her exceptional ability in managing both operational and customer service aspects of the business. As the order manager, Latha played a crucial role in streamlining the order management process. Revathi was responsible for overseeing the Anna Nagar branch, a position that required strong leadership and managerial expertise. Serving as the Billing Manager, Radha was pivotal in managing the financial transactions and ensuring smooth billing operations.
Specialised training programmes and growth
VBJ offers specialized training programs designed to enhance the technical and soft skills of their women professionals. The training focusses on leadership development, communication skills, technical training, and project management to ensure they are equipped to handle all departments of VBJ.
Women have equal access to all training programmes and career advancement opportunities. Our unbiased recruitment and promotion policies, focussing on merit and skills, are bringing more women to the team.
Woman power at VBJ
We have made considerable strides in increasing the female representation to reflect our commitment to diversity, equity and inclusion. In 2022, there was 130 women out of 584 employees, which increased to 166 (out of 748) the following year. This number escalated to 200 (out of 767) in 2024 and now it stands at 254 out of the total 847 employees. This has been possible because of focussed efforts to improve gender diversity, targeted recruitment initiatives, mentorship programmes, implementation of policies promoting work-life balance and inclusive development for women.
In line with the theme of International Women’s Day 2025 – Accelerate Action – VBJ is working towards the continued upward trend in women participation and growth. We are strongly committed to fostering an environment where women feel valued and empowered in their roles at VBJ. At the helm, 5th generation women entrepreneurs from the VBJ family having started pouring in their creativity and fresh thoughts.
The Future of Women in Jewellery
The presence of women in the jewellery industry is not just growing—it is shaping its very foundation. Brands that actively foster gender inclusivity witness not only stronger business performance but also richer, more meaningful creations that resonate with a diverse audience. As we look ahead, the contributions of women in jewellery will continue to accelerate change – whether as designers reimagining aesthetics, artisans preserving age-old techniques, retail professionals enhancing customer experiences, or leaders driving sustainable business practices, their role is indispensable. On this International Women’s Day, let’s celebrate the true gems behind the jewels—the women who craft not just ornaments, but legacies that shine beyond brilliance.
National News
PNG Jewellers’ CMD Dr. Saurabh Gadgil Launches Debut Memoir ‘Choosing Gold’
~Inside the mindset that built PNG Jewellers: a sixth-generation jeweller on conviction, patience, and choosing the harder path ~
He inherited one of India’s oldest business legacies in his mid-thirties. Today, Dr. Saurabh Gadgil, Chairman and Managing Director of PNG Jewellers, tells the story of everything that came with it, in ‘Choosing Gold’, his debut memoir, released nationally by Penguin Random House India.

‘Choosing Gold’ is a deeply honest and personal book. It is the story of a man who inherited one of India’s oldest business legacies at a young age, and who has now, at forty-nine, paused to reflect on that remarkable journey. Not as the world sees it from the outside, but as he truly lived it.
The memoir traces the moments that shaped him, conversations with his grandfather and mother that stayed with him for life, lessons that revealed their meaning only with time, and difficult decisions that tested his conviction before they proved their worth. The 194-year-old legacy of PNG Jewellers forms the backdrop of this journey. But at its heart, the book is about the man himself, his growth, his choices, his struggles, and the courage it takes to carve one’s own path while honouring what came before.
Dr. Saurabh Gadgil, Chairman and Managing Director, PNG Jewellers, said:

“For most of my life, I was too busy living this journey to examine it. Writing this book forced me to sit still for the first time and ask myself questions I had avoided for nearly three decades. Which of my decisions was I actually proud of? Which ones do I still lose sleep over? What did I get right by wisdom, and what did I merely get right by luck? Choosing Gold is my honest attempt at answering those questions, without the polish, without the retrospective genius we all like to grant ourselves.
What surprised me most in writing it was discovering how much of my story was shaped in the quiet moments, a conversation with my grandfather I didn’t realise I’d remember forever, a failure I hid from everyone, including myself, and advice I dismissed at twenty-five and only truly understood decades later. Those moments made me far more than anything that shows up on a balance sheet. I wrote this book for every dreamer standing where I once stood, ambitious, uncertain, carrying expectations they never asked for, wondering if they have it in them. I don’t offer them a formula, because there isn’t one, but the truth and first-hand virtues that have traced me to where I am today … something that balance sheets won’t ever reflect. If my story helps even one reader make their next hard choice with a little more courage and a little less fear, then this book has done everything I hoped it would.”
Anuj Datta, Lead – Penguin Enterprise, Custom Publishing, Penguin Random House India, said, “As publishers, we’re always looking for stories that offer something beyond success. What struck me about Choosing Gold was its honesty. Saurabh doesn’t just talk about achievements; he reflects on the difficult decisions, setbacks and moments of doubt that shaped his journey. That’s what makes this memoir compelling. It’s not simply a business story; it’s a deeply personal account of leadership and resilience. I believe readers, whether they’re entrepreneurs, business leaders or professionals at any stage of their careers, will find something meaningful in these pages.”
‘Choosing Gold’ is Dr. Gadgil’s honest ledger of his choices, written for readers far beyond the jewellery trade, inheritors carrying weight they never asked for, first-generation entrepreneurs building without a name to lean on, and professionals at every stage confronting self-doubt head-on.

The book was formally celebrated at a private launch event in Mumbai on 6th August, where Dr. Gadgil was joined in conversation by actor Madhuri Dixit for a Q&A on the journey behind ‘Choosing Gold’.
‘Choosing Gold’ is available at all PNG Jewellers stores across India as well as pngjewellers.com and is open for pre-order on Amazon. The book will be available at leading bookstores nationwide by 31st August 2026. The Kindle edition will be available soon.
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