Silvostyle by PNG launches 3rd store in Pune, signals a 15-store growth by 2024

With an annual revenue of INR 20 crores, Silvostyle plans to reach INR 100 crores within the next three years

Pune:  Silvostyle by PNG has announced the grand opening of its third standalone store in Pune. The inauguration took place on October 16th at 11 am.

This 580 sq.ft store is located on Satara Road, Pune, and showcases contemporary design featuring a sleek and well-lit showroom to display its exquisite jewellery collections. 

Within this new store, are five unique collections that represent “FashionNext”, highlighting sterling silver elegance. These collections range from oxidized and marcasite jewellery to silver and pearl fusion pieces, as well as lightweight CZ jewellery, all aligned with the latest global fashion trends. The jewellery offerings include statement necklaces, delicate bracelets, striking rings, and exquisite earrings, catering to various styles and celebrating individuality. 

Dr. Saurabh Gadgil, the visionary behind Silvostyle by PNG, stated, “The new store offers a captivating experience, style, and passion for our young customers. With our unwavering commitment to making jewellery accessible, we proudly present our five stellar collections – Derya, Devi, Daysha, GoDark, and LiteMe, just in time for the festive season.” 

Silvostyle by PNG is actively expanding and plans to open 15 carefully curated stores across India by the end of 2023-24, including both self-owned and franchise locations. With an annual revenue of INR 20 crores and plans to reach INR 100 crores within the next three years, Silvostyle is on track to become a household name in the world of silver jewellery. 

The Satara Road, Pune store launch underlines Silvostyle’s commitment to blending tradition and modernity, providing a welcoming space for customers to discover their unique style.