Shringar House of Mangalsutra Ltd. Marks Pune Expansion with Inauguration by PNG Jewellers CMD Saurabh Gadgil
Shringar House of Mangalsutra Limited, India’s leading and most trusted B2B gold jewellery manufacturer focused on mangalsutras, has expanded its footprint in Maharashtra with the launch of a new sales office in Pune. The office was formally inaugurated by Saurabh V. Gadgil, Chairman and Managing Director of P N Gadgil Jewellers Limited (PNG).
Recognising Maharashtra’s growing importance in India’s jewellery ecosystem, the company aims to strengthen retail collaborations, broaden its design offerings and enhance its B2B capabilities across the state. The Pune office marks a key milestone in Shringar House of Mangalsutra Limited’s long-term strategy to reinforce its leadership in the specialised mangalsutra segment.
Designed to operate as a central commercial and coordination hub, the Pune sales office will oversee business activities across Pune, Marathwada and Vidarbha. It will enable closer engagement with jewellery retailers, wholesalers and corporate jewellery brands in these regions.
Strategically located, Pune allows the company to cater to premium urban jewellery markets while efficiently servicing Marathwada and Vidarbha, regions where mangalsutras continue to hold strong cultural and bridal significance.
Commenting on the development, Chetan Thadeshwar, Chairman, Shringar House of Mangalsutra Limited, said that the Pune expansion aligns with the company’s long-term vision of improving accessibility, product quality and design variety for retailers across Maharashtra. He added that the state is a vital market and the new office will help strengthen partnerships through improved efficiency and consistency.
Viraj Thadeshwar, CEO and Executive Director, noted that the Pune presence will enhance on-ground connectivity with retail partners, enabling quicker market response, better supply efficiency and consistent availability of designs across varied price segments. He emphasised the company’s commitment to building a scalable and agile distribution network to support sustained partner growth.
Addressing the gathering at the inauguration, Dr. Saurabh Gadgil, Chairman and Managing Director, PNG Jewellers, expressed his pleasure in inaugurating the new office. He highlighted Shringar’s long-standing association with PNG Jewellers and praised the company for its extensive product range, refined designs and reliable quality in the culturally significant mangalsutra category. He added that the Pune office would further strengthen Shringar’s reach across western India and benefit jewellers throughout the region, extending his best wishes to Chetan Thadeshwar and his sons, Viraj and Balraj.
Backed by decades of expertise in mangalsutra manufacturing, Shringar House of Mangalsutra Limited continues to emphasise design innovation, manufacturing excellence and dependable supply partnerships nationwide.