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Article: Celebrating a Double Triumph: Gargi by PNG Shines Bright at the Franchise Awards ‘24!

Celebrating a Double Triumph: Gargi by PNG Shines Bright at the Franchise Awards ‘24!

What a night it was for us at Gargi by PNG & Sons! In one glorious evening, we celebrated not just one but two major achievements at the Franchise Awards ‘24 - the 20th Awards for Excellence in Franchising and Business Awards. The excitement and pride were palpable as we at Gargi were honoured with the ‘Emerging Franchisor of the Year’ award, and our Co-founder, Mr. Aditya Modak, received the prestigious ‘Young Entrepreneur of the Year’ award. This recognition reflects our hard work and dedication and is a testament to the unwavering support and trust of everyone associated with Gargi. From our visionary leadership to the entire team and, most importantly, our valued customers and supporters, this is a shared triumph that we all can take pride in

In the world of business, few stories are as compelling as that of Aditya Modak. His vision and determination have reshaped the Indian fashion jewellery market. He began with a strong academic foundation, clearing the Chartered Accountant exams on his first attempt and completing his Company Secretary course. Not stopping there, his thirst for knowledge led him to earn a Master’s in Business Administration from the prestigious Indian School of Business (ISB). His career took off in 2013 when he joined PNGS in a finance role, quickly rising through the ranks due to his consistent track record of delivering impressive results.

Gargi has built a diverse portfolio of over 15,000 SKUs and witnessed exponential growth in our inaugural year, with a staggering 6x increase in revenue. Our listing on the Bombay Stock Exchange (BSE) has further solidified our position as a market leader, attracting a 100% listing gain and quadrupling our customer base. These achievements are a testament to our commitment to quality, variety, and affordability in the fashion jewellery segment. The recent launch of Gargi SIS (Shop-in-Shop) at Shoppers Stop in strategic locations across India is another significant step. This strategic expansion into new territories further strengthens Gargi's presence in the Indian fashion landscape. We are poised for continued growth and success with a footprint spanning 18 locations across ten metro cities and six states. We couldn’t have achieved this without the support of our customers, partners, and well-wishers. Your trust and loyalty have been the backbone of our journey. As we celebrate these accomplishments, we look forward to continuing this journey of growth and innovation together. Here’s to many more milestones and successes. Thank you all for being an integral part of the Gargi story!

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Gargi by PNG Shines Bright at  the IReC Awards 2024!

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