Silvostyle By PNG opens first flagship store in Pune

By

Isabelle Crossley

Published
Mar 10, 2023

Silver jewellery brand Silvostyle By PNG has opened a new, 500 square foot flagship store in Aundh, Pune. After launching its first flagship store, the brand plans to open around 15 exclusive brand outlets across India between 2023 and 2024.

Silvostyle by PNG has opened its doors in Pune to offer shoppers the change to browse its array of sterling silver jewellery in person, the Gem and Jewellery Export Promotion Council announced on its website. The store was opened by celebrity guest of honour, Mrunmayee Deshpande, Silvostyle PNG’s promoter Saurabh Gadgil announced on Facebook. 
 
“The new store will create an engaging and immersive experience for young shoppers,” said Gadgil, the GJEPC reported. “With Silvostyle’s expertise in jewellery design and craftsmanship, we are confident that customers will love the new collections. We have always believed in making jewellery accessible to everyone, and this new line is a testament to that commitment.”

The store has a dedicated section for its first ever lab grown diamond collection made in 14 carat Gold named 'Omeeka'. The collection features everyday style jewellery with glittering lab grown diamond accents. 
 
Silvostyle by PNG has a current annual revenue total of Rs 20 crore. The brand expects this to increase to around Rs 100 crore over the coming three years, fuelled by continued retail expansion.