Gargi by PNGS has strengthened its nationwide retail expansion with the launch of two new kiosks in Hyderabad and Delhi. Located in two of India’s busiest shopping destinations, the new outlets reflect the brand’s capital-efficient growth strategy while making its curated 925 sterling silver and premium fashion jewellery more accessible to customers seeking contemporary everyday designs.
Quick Summary
- Gargi by PNGS has opened two new kiosks in Hyderabad and Delhi.
- The kiosks are located at Lakeshore Mall, Kukatpally and Pacific Mall, Tagore Garden.
- Both outlets feature curated 925 sterling silver and premium fashion jewellery.
- The expansion continues the brand’s strong FY27 retail growth momentum.
- Gargi follows a capital-efficient kiosk-led expansion strategy.
- The company remains debt-free and plans to add 20 more stores in FY27.
Gargi by PNGS Enters Two of India’s Busiest Mall Destinations with New Kiosks in Hyderabad and Delhi
Curated silver and premium fashion jewellery kiosks at Lakeshore Mall, Kukatpally and Pacific Mall, Tagore Garden extend the brand’s capital-efficient expansion into high-footfall retail corridors.
Expansion into Hyderabad and Delhi
Pune, 7th July 2026: Gargi by P N Gadgil & Sons (PNGS), one of India’s fastest-growing listed fashion jewellery brands, has launched two new kiosks in June at Lakeshore Mall in Hyderabad’s Kukatpally district and at Pacific Mall, Tagore Garden in West Delhi. Both kiosks carry an exclusively curated range of 925 sterling silver and premium fashion jewellery, bringing the brand’s contemporary, everyday-wear aesthetic directly into two of the country’s highest-traffic mall environments.
Strong FY27 Growth Momentum
The two launches continue a strong first quarter for the brand in FY27. In May, Gargi opened four new points of sale across Delhi, Kolkata, Lucknow and Ghaziabad; the June kiosks deepen that momentum in two metros where the brand has been methodically building presence: Hyderabad, where Gargi has grown steadily since its early Shop-in-Shop entries and its DSL Mall outlet, and Delhi-NCR, which welcomed a new Gargi store in Pitampura just weeks ago.
Capital-Efficient Kiosk Strategy
The kiosk format sits at the heart of Gargi’s expansion playbook. Compact, capital-light and positioned in the direct path of mall footfall, kiosks allow the brand to enter premium retail destinations quickly while keeping its balance sheet discipline intact. Kukatpally, one of Hyderabad’s densest residential and commercial catchments, and Tagore Garden, a landmark shopping destination for West Delhi’s young, fashion-conscious households, both offer exactly the sustained walk-in traffic the format is built for.
Leadership Perspective
“Kiosks are where Gargi meets its customer mid-stride no appointment, no occasion, just beautiful silver and fashion jewellery encountered in the middle of an ordinary day. Hyderabad has been one of our most responsive markets from the very beginning, and West Delhi’s energy and appetite for style make Pacific Mall a natural home for us. These two kiosks reflect the same discipline that has defined our growth so far: enter high-potential locations efficiently, serve the customer exceptionally, and let every store pay its own way,”
said Mr Aditya Modak, Co-Founder & Director, Gargi by PNGS.
FY26 Performance and FY27 Plans
Gargi closed FY26 with revenue of ₹149.47 crore, comparable year-on-year growth of nearly 49%, and 32 new store additions that took its network to 126 points of sale across 65 cities and 21 states. The company remains debt-free, having funded its entire national expansion organically a rarity in a category still dominated by unorganised players. For FY27, the brand has targeted 20 new store additions and a revenue CAGR of approximately 35%.
Growing Retail Network
With the June launches, Gargi’s network now stands at 46 points of sale, and the brand’s first-quarter openings reflect a deliberate strategy of clustering in high-potential metros and corridors rather than spreading thin.
New Kiosk Locations
Hyderabad — Kukatpally
Lakeshore Mall, Plot No. 414, Kukatpally Mandal, Medchal Malkajgiri, Hyderabad, Telangana – 500072
Delhi — Tagore Garden
Unit No. 1000/ML002PTG/IK1F02, First Floor, Pacific Mall, Tagore Garden, Delhi – 110018
About Gargi by PNGS
Gargi by P N Gadgil & Sons is a publicly listed fashion jewellery brand (BSE: GARGI) from the 192-year-old house of P N Gadgil & Sons, founded in 1832. Gargi offers 925 certified sterling silver, 14KT natural diamond and 9KT plain gold jewellery, designed for the modern Indian consumer seeking contemporary, everyday-wear pieces. The brand operates through Exclusive Brand Outlets, franchise stores, kiosks, and Shop-in-Shop formats across India and has maintained profitability in every quarter since its inception.
FAQ
What has Gargi by PNGS announced?
Gargi by PNGS has launched two new kiosks at Lakeshore Mall in Hyderabad and Pacific Mall in Delhi.
What products are available at the new kiosks?
The kiosks offer curated collections of 925 sterling silver and premium fashion jewellery.
Why is Gargi focusing on kiosk expansion?
The kiosk model enables the brand to expand into premium, high-footfall retail destinations in a capital-efficient manner.
How many stores does Gargi plan to add in FY27?
The company has targeted 20 new store additions during FY27.
Is Gargi by PNGS a listed company?
Yes. Gargi by P N Gadgil & Sons is a publicly listed fashion jewellery brand listed on the BSE under the ticker GARGI.
Source: SVAR Media Network
About SVAR Media Network – India’s Best Source for Jewellery News, Magazines, Newsletters and Media
SVAR Media Network is India’s No. 1 Destination for Jewellery News, setting the gold standard in timely, trusted, & trend-driven coverage across the Gems & Jewellery industry. As the Most Followed Jewellery Magazine & Media House in India, SVAR delivers Daily Jewellery News India Updates, market insights, & global developments through its platforms like Jewellery Magazine, Newsletters, AI Powered News Bulletins, Website, Social Media, Podcasts, & much more.
Recognized as Asia’s one of the Best Media in Jewellery & one of the World’s Best Jewellery Media, SVAR Media Network sets Unparalleled Standards in the Gems & Jewellery industry. SVAR is the Most Trusted & Widely Read Voice in the Gems & Jewellery Community.
Renowned as India’s Best Jewellery Magazine & Leading Jewellery Media, SVAR blends legacy with cutting-edge innovation by delivering:
- Best in class Jewellery Magazine for the Gems & Jewellery Industry & Jewellery Enthusiasts
- Real-time AI-Powered Jewellery News via SVARA AI, the World’s First AI Anchor in Fashion, Gems & Jewellery Industry
- India’s One of the First Gems & Jewellery Podcasts
- Digital Jewellery Newsletters for professionals and enthusiasts
- ISO 9001:2015 Certification, the first in the jewellery-media sector, proving our commitment to excellence
- Asia’s First & World’s Second Meta Verified Jewellery Media Brand
Ranked #1 among the Top 5 Gems & Jewellery News Websites, Top 10 Jewellery Magazines in India, & Most Influential Jewellery Media Brands, SVAR Media Network is your Trusted Source for Accurate, Fast, & Future-Focused Jewellery News.
SVAR Media Network is India’s No 1 Digital Media in Jewellery Industry & continues to be the Leading Jewellery Magazine & a Global Leader in Jewellery Media. SVAR Media Network offers a diverse range of services, including: Monthly Magazines, Digital Newsletters, Al-Driven News Bulletins, Social Media Promotions, Website Blogs & Articles, WhatsApp Updates, Podcasts & more…
Whether you seek updates on New Launches, Trade Shows, Celebrity Campaigns, Trends or Market Movements, SVAR is the Authority in Jewellery News India & beyond.
Explore the World of Gems & Jewellery with SVAR Media Network — Your Best Source for Trusted, Trend-Setting Jewellery News & Mediapp Updates, Podcasts & more…
