Fashion & Retail

Gargi by PNGS spreads nationwide

Beny Sachdeva
Beny Sachdeva Apr 09, 2024 - 2 min read
Gargi by PNGS spreads nationwide image
 The Fashion Jewellery brand dazzles in Chennai, Shillong, and Kanpur, Shoppers Stop within a week.

 


Gargi by P N Gadgil & Sons (PNGS), a distinguished name in the fashion jewellery realm, strategically launched Gargi Shop-in-Shop (S-I-S) at Shoppers Stop in three key locations across India in just a week. This strategic expansion marks Gargi's entry into Chennai (Tamil Nadu), Shillong (Meghalaya), and Kanpur (Uttar Pradesh), further solidifying its footprint in the Indian fashion landscape. The brand is now present across 18 locations, strategically positioned across ten bustling metro cities and six states. The brand operates via franchise model too.

With its expansion, amazing collection of jewellery, and recent launches, Gargi is set to capture a major portion of this market share going forward.

Since its inception in December 2021, Gargi has consistently surpassed milestones, culminating in an extraordinary feat by the end of 2023, delivering over 1700% returns for investors. In FY’24, Gargi continues its stellar trajectory, surpassing annual projections and demonstrating robust growth.

Gargi, renowned for its signature collection, brings to these vibrant cities a range of fashion jewellery crafted with 92.5% sterling silver, premium brass, and dazzling diamonds. Each piece is a unique blend of elegance and style, designed to capture the essence of every woman. This rapid expansion underscores Gargi's unwavering commitment to providing discerning customers across the nation with access to top-tier fashion jewellery and unparalleled shopping experiences.

Speaking about the recent expansion, Aditya Modak, Co-founder of Gargi by PNGS, said, "We are thrilled with our rapid expansion into new territories, setting the stage for an exhilarating brand presence in 2024. Our mission is to continue reaching more customers and offering them our distinctive, high-quality jewellery pieces at affordable prices. We warmly welcome the communities of Kanpur, Chennai, Shillong, and nearby regions to explore our offerings and anticipate strategically launching more such stores across various territories."

Gargi thrives under the legacy of the nearly two-century-old brand P N Gadgil & Sons, which is known for operational excellence and quality. It upholds these standards while forging its own path in the fashion jewellery industry.

In addition to making waves in the Indian fashion jewellery market, Gargi's extraordinary success sets high expectations for the company's future. With an aggressive expansion plan and commitment to quality, Gargi aims to surpass $100 billion in sales within the next two years, setting new benchmarks for the retail industry.

 

Subscribe Newsletter
Submit your email address to receive the latest updates on news & host of opportunities
Franchise india Insights
The Franchising World Magazine

For hassle-free instant subscription, just give your number and email id and our customer care agent will get in touch with you

or Click here to Subscribe Online

Newsletter Signup

Share your email address to get latest update from the industry