Gargi by PNGS Ends the Year on a High with Store Launches in Chhatrapati Sambhajinagar and Indore, Taking the Total Count to 12
Gargi by P N Gadgil & Sons (PNGS), a distinguished name in the fashion jewellery realm, concluded the year on a high note with the launch of two new stores in Chhatrapati Sambhajinagar and Indore. With this, the brand now proudly boasts 12 exclusive brand outlets across the country, an impressive milestone achieved in less than three years of its retail journey
Strategic Store Locations and Expansion Model
The new stores, strategically located in vibrant retail hubs, are part of Gargi’s larger franchise-driven expansion model that focuses on capturing the growing demand for accessible, high-quality fashion jewellery in Tier 2 and 3 cities. The store in Chhatrapati Sambhajinagar , for instance, is located in Prozone Mall, while the one in Indore is situated at Citadel Mall. These launches also reflect the brand’s growing popularity beyond metropolitan areas, driven by its wide design appeal, modern collections, and the trust built through PNGS’s legacy.
Statement by Aditya Modak, Co-founder of Gargi by PNGS
Speaking about this, Aditya Modak, Co-founder of Gargi by PNGS, said, “For us, growth is not just about numbers, but about resonance. When we see women, men, and even children across cities connect with our designs, we know we are doing something right. Aurangabad and Indore are not just new locations; they are new conversations, inspirations, and relationships. That is what truly excites us.”
Remarkable Growth and Expansion in 2024
This year has been particularly momentous for Gargi. From making a splash in the capital with its store in Delhi’s Kapil Vihar, Pitampura, to strengthening its presence in Maharashtra through launches in Pimple Saudagar and now Chhatrapati Sambhajinagar, the brand has successfully diversified its retail footprint. The launch of Utsaav, a bold festive and occasion-wear collection, and the debut of its first-ever Kids Collection—featuring playful pieces in certified sterling silver, designed to be safe and stylish for young ones—highlight Gargi’s commitment to innovation and inclusivity in design.
Financial Milestones and Future Ambitions
The year also marked a significant growth in the brand’s financial ambitions. Gargi crossed a market capitalization of ₹1,500 crore and remains firmly on track to meet its ₹100 crore revenue target by March 2025. The franchise model continues to power this journey by enabling local entrepreneurs to co-create success under the guidance of PNGS—a name that commands trust with its ₹8,500+ crore annual turnover.
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