Gargi by PNGS has expanded its retail network with new kiosks in Kolkata and Ghaziabad during May 2026, strengthening its presence in North and East India as part of its FY27 growth plan.
Gargi by PNGS has opened two new kiosks in Kolkata and Ghaziabad, extending its retail footprint across East and North India. The openings, completed in May 2026, form part of the fashion jewellery brand’s expansion strategy for FY27.
The Kolkata kiosk is located at City Centre II in New Town, marking the brand’s second address in the city following its Salt Lake launch in April. The company said the addition reflects its focus on increasing market presence in Kolkata, a key jewellery-consuming market in eastern India.
In the National Capital Region, Gargi has opened a kiosk at North India Mall in Indirapuram, Ghaziabad. The location complements the brand’s existing presence in Delhi and supports its strategy of building regional clusters to improve visibility and operational efficiency.
Commenting on the expansion, Aditya Modak of Gargi by PNGS, said, “North and East India have always been central to how Indians think about jewellery, and these two kiosks are us meeting that culture where it lives. Ghaziabad lets us build real depth in the NCR, while our second Kolkata address tells us the East is responding to what we do — a region we are keen to keep building in. What keeps us confident is that this growth is entirely self-funded and built on a zero-debt balance sheet. With 20 new stores planned for FY27, we are not chasing numbers — we are building a brand, one neighbourhood and one customer at a time.”
The expansion follows the company’s FY26 performance, during which Gargi reported revenue of Rs 149.47 crore, recording nearly 49% year-on-year growth. The brand added 32 new stores during the year, taking its network to 126 points of sale across 65 cities and 21 states. For FY27, the company plans to open 20 additional stores and is targeting revenue CAGR of around 35%.
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