PN Gadgil Jewellers to launch nine stores; invest Rs 250 crore –

Pune-based PN Gadgil Jewellers is planning to open nine stores across Indian and in UAE with investment of Rs 250 crore. "After the expansion in Maharashtra and new stores in Indore, Hubli and Goa, the company will have 20 stores and a presence in four states. The expansion will help PNG grow the top line by 60 per cent by end of 2017," P N Gadgil Jewellers Managing Director Saurabh Gadgil said. The report went on to add that PNG is also planning to launch sports jewellery, casual jewellery to go with denims, ethnic and classy jewellery for different occasions. The price of silver fashion jewellery will range from Rs 500 and Rs 50,000.

Source: http://www.indianretailer.com/article/whats-hot/investments/PN-Gadgil-Jewellers-to-launch-nine-stores-invest-Rs-250-crore-2765/

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