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 Indian fashion jewellery market is set to reach $2,126.3 million by 2027, registering a CAGR of 7.0% from 2019 to 2027. 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.
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.
