Fashion jewellery brand Gargi by P N Gadgil & Sons (PNGS) has announced the opening of two new stores in Aurangabad and Indore. With these additions, Gargi now has 12 exclusive outlets across India—opened in less than three years.
The new stores are located in Prozone Mall, Aurangabad, and Citadel Mall, Indore. This expansion is part of Gargi’s franchise-driven growth strategy, focusing on making high-quality fashion jewellery easily available in Tier 2 and 3 cities.
Aditya Modak, Co-founder of Gargi by PNGS, said in a statement, “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.”
This year has been big for Gargi. The brand entered Delhi with a store in Kapil Vihar, strengthened its presence in Maharashtra with outlets in Pimple Saudagar and Aurangabad, and introduced exciting new collections like Utsaav, a festive jewellery line, and a Kids Collection in certified sterling silver.
On the business front, Gargi has also seen strong financial growth. The brand crossed a market capitalisation of ₹1,500 crore and is on track to reach ₹100 crore in revenue by March 2025. Its franchise model has played a key role in this success, allowing local entrepreneurs to be part of PNGS’s growing retail network.
