Last updated : June 09, 2026 3:27 pm
Strengthening its North and East India footprint, the fashion jewellery brand launched new kiosks in Kolkata (New Town) and Ghaziabad, extending its presence in two of India's most jewellery-driven markets.
Gargi by PNGS, the fashion jewellery brand from the house of P N Gadgil & Sons, has opened two new kiosks across North and East India, extending its reach into some of the country’s most jewellery-loving consumer markets. The new outlets at New Town in Kolkata and Ghaziabad in the NCR add to a busy run of openings that has defined the brand’s first quarter of FY27.
Coming close on the heels of the Salt Lake launch, the New Town kiosk in Kolkata is set in the City Centre II precinct, a popular lifestyle destination. With Ghaziabad, Gargi tightens its grip on the National Capital Region. Located at North India Mall in Indirapuram’s Vaibhav Khand - a high-density catchment of young families and working professionals - the kiosk complements the brand’s Delhi presence and builds the kind of regional cluster that strengthens both visibility and supply efficiency.
Speaking on the expansion, Aditya Modak, Co-Founder, 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 brand closed the year with revenue of ₹149.47 crore, a comparable year-on-year growth of nearly 49%, and added 32 new stores, bringing the total to 126 points of sale across 65 cities and 21 states.
For FY27, Gargi has set out to add 20 new stores and target a revenue CAGR of around 35%. The first quarter’s openings reflect a deliberate strategy of clustering in high-potential regions rather than spreading thin.