PNG Jewellers Expands in Central India with New Varanasi Store
PNG Jewellers has opened its 76th store nationwide in Varanasi, Uttar Pradesh. The new 6000 sq ft store was inaugurated by brand ambassador Madhuri Dixit. The launch featured special discounts on jewelry making charges, including 50% off on gold and 100% off on diamond jewelry.
The opening of a new store, especially a large one in a significant city and the 76th overall, represents a strategic expansion and increased market reach, which can have a medium-term impact on revenue and brand visibility.
The announcement details the successful launch of a new store, expansion of retail presence, and positive customer response to inaugural offers, indicating a positive business development.
P N Gadgil Jewellers Limited has announced the launch of its new store in Varanasi, marking its 76th store nationwide and fourth in Uttar Pradesh. The 6000 sq ft store, located on Sigra Chauraha Road, was inaugurated by brand ambassador Madhuri Dixit.
The store offers a wide selection of gold, diamond, and bridal jewelry, including sought-after collections like Saptam, Katha, Pratha, Eiina, and Polmi. The launch was accompanied by special inaugural offers, such as a 50% discount on gold jewelry making charges and a 100% discount on diamond jewelry making charges.
Dr. Saurabh Gadgil, Chairman and Managing Director of PNG Jewellers, expressed his enthusiasm for expanding into culturally significant markets like Varanasi, emphasizing the brand's commitment to trust and craftsmanship. Brand ambassador Madhuri Dixit also shared her excitement about the brand's growth into culturally vibrant cities.
This expansion is part of PNG Jewellers' ongoing strategy to strengthen its retail presence across India, building on its nearly two-century-old legacy.
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