P N Gadgil & Sons’ Gargi has further strengthened its retail presence in India with the simultaneous launch of two new stores in Bengaluru and Raipur. The expansion reflects the brand’s continued focus on making contemporary, design-led jewellery more accessible while accelerating its presence across South and Central India.
Quick Summary
- Gargi by PNGS launched two new stores in Bengaluru and Raipur.
- The expansion strengthens the brand’s presence across South and Central India.
- Bengaluru store offers silver, brass and diamond jewellery collections.
- Raipur store opens with Gargi’s complete sterling silver jewellery collection.
- Gargi recorded FY26 revenue of ₹149.47 crore with approximately 49% comparable growth.
- The expansion reflects the brand’s continued nationwide retail growth strategy.
Legacy Brand Strengthens Presence Across India
The 194-year-old legacy brand is strengthening its presence in South and Central India with simultaneous launches on July 18.
Simultaneous Store Launch in Bengaluru and Raipur
Gargi, a contemporary jewellery brand from the house of P N Gadgil & Sons, a legacy institution founded in 1832, with a heritage of over 194 years, announced the launch of two new stores on July 18, 2026, in Bengaluru, Karnataka and Raipur, Chhattisgarh. The twin launches highlight the brand’s accelerating retail expansion and its commitment to bringing finely crafted, design-led jewellery closer to consumers across India.
Curated Jewellery Collections for Regional Markets
The new Bengaluru store, located in the bustling Rajajinagar neighbourhood, brings Gargi’s signature collections to one of the city’s most vibrant retail and cultural hubs, offering shoppers a curated range spanning silver, brass and diamond jewellery. The Raipur store, situated in ZORA The Mall, opens with Gargi’s complete range of sterling silver jewellery, offering shoppers in Chhattisgarh’s capital an elegant selection of everyday and occasion wear in silver, with more collections to follow.
Strong Growth Backed by Retail Expansion
With these launches, Gargi continues to build on a strong growth trajectory. The brand closed FY26 with a revenue of ₹149.47 crore, registering approximately 49% comparable growth, backed by an expanding network of points of sale across India.
Leadership Perspective on the Expansion
Speaking on the launches, Mr Aditya Modak, Founder & CEO, Gargi by PNGS, said, “Bengaluru and Raipur are two very different markets, and that is precisely what makes these launches special for us. Bengaluru is a discerning, design-conscious city where modern jewellery finds an instant connect, while Raipur represents the aspirational heart of Central India, where we see tremendous appetite for finely crafted silver jewellery. Opening both stores on the same day reflects the pace and confidence with which Gargi is growing. As we carry forward a legacy of over 194 years, our promise remains unchanged: jewellery that is authentic, accessible, and crafted for the way India lives today.”
Contemporary Retail Experience
Both stores have been designed to reflect Gargi’s contemporary retail identity: warm, welcoming spaces where customers can explore collections spanning festive, every day, and occasion wear.
Store Addresses
Bengaluru: Old Ward No. 25, Mysore Deviation Road, Opp. Sujata Theatre, Gopalapura, Rajajinagar, Bengaluru, Karnataka – 560023
Raipur: Upper Ground Floor, ZORA The Mall, Opposite Agriculture College, Jora, Raipur, Chhattisgarh – 492012
About Gargi by PNGS
Gargi by PNGS is the contemporary jewellery brand from the house of P N Gadgil & Sons, one of India’s most trusted jewellery institutions, founded in 1832. Carrying forward a legacy of over 194 years of craftsmanship and trust, Gargi offers design-led jewellery for the modern Indian consumer. In FY26, the brand recorded revenue of ₹149.47 crore with approximately 49% comparable growth, supported by a retail network spanning cities and states across India.
FAQs
What has Gargi announced?
Gargi has announced the launch of two new retail stores in Bengaluru and Raipur.
When were the new stores launched?
The stores were launched simultaneously on July 18, 2026.
Where are the new Gargi stores located?
The new stores are located in Rajajinagar, Bengaluru, and ZORA The Mall, Raipur.
What jewellery collections are available at the Bengaluru store?
The Bengaluru store offers silver, brass and diamond jewellery collections.
What products are available at the Raipur store?
The Raipur store currently offers Gargi’s complete range of sterling silver jewellery, with more collections planned.
How did Gargi perform in FY26?
The brand recorded revenue of ₹149.47 crore with approximately 49% comparable growth in FY26.
Source: SVAR Media Network
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