He became one of the Richest Businessmen in Pune He became one of the Richest Businessmen in Pune
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Consumer & Affluent India Trends Estate & Legacy Planning Startup & Entrepreneurship

He became one of the Richest Businessmen in Pune

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Consumer & Affluent India Trends Estate & Legacy Planning Startup & Entrepreneurship

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He became one of the Richest Businessmen in Pune by Sandeep Jethwani

Saurabh Gadgil, 6th generation entrepreneur and CMD of PNG Jewellers, shares how he transformed a 192-year-old family business into a ₹10,000 crore listed company. From running lean inventory and mastering made-to-order efficiency to navigating succession and modern branding, Saurabh offers deep insight into sustaining trust, evolving with the times, and preparing a legacy for the future.

Highlights

  • PNG origins: Selling gold on the streets in 1810s
  • Family values: The trust that built a 200-year-old brand
  • Store economics: Inventory strategy and ROI optimisation
  • Business evolution: Applying MBA learnings to drive modernisation
  • Brand building: Choosing timeless brand ambassadors
  • Retail intelligence: Using data and trend forecasting for merchandising
  • Industry dynamics: Government policy and shift to organised jewellery
  • IPO decisions: Growth capital, family reward, and long-term vision

Saurabh Gadgil | Chairman and Managing Director, PNG Jewellers

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