P N Gadgil Jewellers Expands Retail Footprint with New Flagship Store in Mumbai's Dadar
PN Gadgil Jewellers (PNG Jewellers) has opened a new flagship-level store in Dadar, Mumbai, increasing its total outlets to 63. The store, launched on September 30, offers a complete range of jewelry including gold, diamond, silver, and platinum collections. Special promotions include up to 50% off on gold jewelry making charges and up to 100% off on diamond jewelry making charges. The strategic location in Dadar aims to connect with the cultural roots of Mumbai. The store opening was attended by actor Swapnil Joshi and Rashmitai Thackeray, Editor-in-Chief of Saamana and Marmik.

*this image is generated using AI for illustrative purposes only.
PN Gadgil Jewellers (PNG Jewellers), a renowned name in the Indian jewelry sector, has marked a significant milestone in its retail expansion strategy by opening a new flagship-level store in Dadar, Mumbai. This strategic move brings the company's total number of outlets to 63, further solidifying its presence in the bustling jewelry market of India.
New Store Details
The new store, located at Ranade Road, Dadar (West), Mumbai, opened its doors on September 30. This expansion is part of PNG Jewellers' continued efforts to bring its heritage and craftsmanship closer to jewelry enthusiasts across the country.
Store Offerings and Promotions
The Dadar outlet is designed to be on par with PNG's legendary Laxmi Road store in Pune, showcasing the company's complete range of jewelry:
- Gold, diamond, silver, and platinum collections
- Celebrated bridal collections including Pratha, Golden Katha, Eiina, and Saptam
- Lightweight contemporary designs for modern urban customers
To commemorate the store launch, PNG Jewellers is offering special promotions:
- Up to 50.00% off on gold jewelry making charges
- Up to 100.00% off on diamond jewelry making charges
- 0.00%* deduction on old gold exchange
These offers are available to customers visiting the store until the end of the festive season.
Strategic Location
Dadar, often regarded as the cultural heartbeat of Mumbai, is a vibrant hub where traditions, festivals, theater, and Maharashtrian heritage converge. PNG Jewellers' decision to open a flagship store in this locality is seen as more than just a retail expansion—it's a strategic move to connect with the cultural roots of the city.
Grand Opening
The store launch was graced by notable personalities:
- Swapnil Joshi, celebrated actor
- Rashmitai Thackeray, Editor-in-Chief of Saamana and Marmik
Swapnil Joshi expressed his excitement about the launch, stating, "PNG Jewellers is a name every Maharashtrian household treasures. With this new store in Dadar, they are once again bringing heritage closer to people's lives."
Management's Perspective
Dr. Saurabh Gadgil, Chairman and Managing Director of PNG Jewellers, commented on the expansion: "Mumbai has always embraced PNG Jewellers with warmth and trust. Opening a flagship-level store in Dadar, a locality that resonates with Maharashtra's cultural and social fabric, is truly special. Just as our Laxmi Road store in Pune stands as a landmark, we envision our Dadar store becoming a beacon for generations of beloved customers in Mumbai."
Company Overview
PNG Jewellers, with a legacy spanning over 193 years, is recognized for its excellence in creativity and trusted service. Under the leadership of Dr. Saurabh Gadgil, the company has been expanding its reach, catering to customers across India and the USA. This new store in Dadar represents another step in PNG Jewellers' journey of growth and customer engagement in the competitive jewelry market.
The opening of this new store not only expands PNG Jewellers' retail footprint but also reinforces its commitment to blending traditional craftsmanship with modern retail experiences, further cementing its position in India's jewelry sector.
Historical Stock Returns for PN Gadgil Jewellers
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
+3.56% | +5.67% | +8.28% | +15.29% | -18.30% | -20.75% |