P N Gadgil Jewellers Limited has announced the opening of a new retail location under the Franchise Owned, Company Operated (‘FOCO’) model. The new store is situated in Sawantwadi, Sindhudurg, Maharashtra, and commenced operations on March 14, 2026, at approximately 05:20 P.M. This expansion marks a significant milestone, bringing the company’s total operational store count across its network to 71 locations nationwide.
Retail Expansion Milestone Achieved
P N Gadgil Jewellers Limited confirmed today, March 14, 2026, the successful inauguration of a new retail outlet. This expansion is being executed under the Franchise Owned, Company Operated (‘FOCO’) Model, showcasing the company’s strategy for continued market penetration via partnership structures.
New Store Location Details
The latest store is strategically located at Panchami Heights, Sawantwadi, Sindhudurg, Maharashtra – 416510. Operations at the new site began in the late afternoon, specifically around 05:20 P.M. on the date of this announcement.
Total Store Footprint Update
Following the commencement of business at this new location, the management confirms that the total number of operational stores under the P N Gadgil Jewellers banner now stands at 71. This figure reflects the consolidated network across all operating models.
Source: BSE
