Founded in 1832 in Sangli, Maharashtra, PN Gadgil Jewellers (PNG) began as a humble shop selling gold jewellery. Over six generations, it has transformed into one of India’s most iconic jewellery brands. Known for exquisite craftsmanship and traditional designs, PNG has blended its rich heritage with modern innovations, becoming a household name. Today, it offers an extensive range of products, backed by innovative marketing and celebrity collaborations.
Strategic Leadership: Saurabh Gadgil’s Rise
Saurabh Gadgil, who took charge in 1998, has been instrumental in PNG’s evolution. A former national-level chess player, Gadgil credits his strategic mindset for his business acumen. His leadership transformed PNG from a regional brand into a global name. Gadgil’s ability to foresee market trends and his strategic approach have positioned PNG as a dominant player in the jewellery industry.
Innovative Collaborations and Market Expansion
Under Gadgil’s stewardship, PNG has partnered with Bollywood icons like Madhuri Dixit and Salman Khan, launching successful collections such as the Bajrangi pendant and the Silvostyle line with designer Tarun Tahiliani. These collaborations have broadened PNG’s audience, combining traditional values with contemporary appeal.
A Billionaire’s Vision
Gadgil’s business savvy extends beyond jewellery. With an MBA and experience as an intern at the Reserve Bank of India, he has a deep understanding of global markets. In 2024, PNG’s IPO was a game-changer, boosting Gadgil’s net worth to nearly $1.1 billion.
Securing a Legacy for the Future
Looking ahead, Gadgil plans to expand PNG’s global presence and strengthen its digital platform. His strategic vision ensures PNG Jewellers will continue its legacy of excellence, adapting to new market trends while preserving its traditional roots.
