INDIAN JEWELLER

Gargi by PNGS Opens Two Kiosks in Hyderabad and Delhi

Gargi by PNGS has opened two jewellery kiosks at Lakeshore Mall, Hyderabad, and Pacific Mall, Delhi, in June 2026, expanding its retail network through a capital-efficient kiosk-led strategy.

Post By : IJ News Service On 08 July 2026 11:48 AM

Gargi by P N Gadgil & Sons (PNGS) has expanded its retail footprint with the launch of two new kiosks in June 2026 at Lakeshore Mall in Kukatpally, Hyderabad, and Pacific Mall, Tagore Garden, West Delhi. Both locations offer a curated range of 925 sterling silver and premium fashion jewellery.

The openings follow the brand’s retail expansion during the first quarter of FY27. In May, Gargi added four new points of sale across Delhi, Kolkata, Lucknow and Ghaziabad. The latest launches strengthen its presence in Hyderabad and Delhi-NCR, where it has been expanding through Shop-in-Shop formats and standalone stores.

According to the company, the kiosk format is a key part of its retail strategy, enabling entry into high-footfall shopping destinations with a lower capital investment. The two new locations were selected for their strong residential and commercial catchments and consistent consumer traffic.

“Kiosks are where Gargi meets its customer mid-stride no appointment, no occasion, just beautiful silver and fashion jewellery encountered in the middle of an ordinary day. Hyderabad has been one of our most responsive markets from the very beginning, and West Delhi’s energy and appetite for style make Pacific Mall a natural home for us. These two kiosks reflect the same discipline that has defined our growth so far: enter high-potential locations efficiently, serve the customer exceptionally, and let every store pay its own way,” said Aditya Modak of Gargi by PNGS.

The company reported FY26 revenue of Rs 149.47 crore, comparable year-on-year growth of nearly 49%, and 32 new store additions, taking its network to 126 points of sale across 65 cities and 21 states. Gargi stated that it remains debt-free and has set a target of adding 20 new stores in FY27 while aiming for revenue CAGR of approximately 35%.

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