JGP Jewellers Launches 26th Store in Nipani, Enters Karnataka Market
Jagannath Gangaram Pednekar (JGP) Jewellers has inaugurated its 26th retail outlet in Nipani on 11 October 2026, marking the jewellery brand’s first entry into Karnataka. Situated near the Maharashtra–Karnataka border, the new showroom represents a significant step in the company’s retail expansion, extending its jewellery offerings to customers in a new market.
The store opening received an encouraging response, particularly for JGP’s heritage-inspired designs. A statement necklace from the brand’s Rajeshahi collection, prominently showcased as part of the launch campaign, was sold within seven days of the store’s inauguration. The early sale of this featured design marked a positive beginning for the brand’s entry into Karnataka.
To celebrate the launch, JGP Jewellers has introduced a special lucky draw for customers purchasing jewellery from the Nipani showroom during October. Ten winners will be selected, with prizes including gold coins valued at ₹50,000, ₹25,000, ₹15,000 and other denominations. The initiative adds to the celebrations surrounding the store’s opening and offers customers an additional incentive to participate.
Commenting on the expansion, Sanika Pednekar, Creative Director of JGP Jewellers, said that establishing the brand’s first Karnataka outlet in Nipani was an important milestone. She emphasised that jewellery remains closely associated with relationships, celebrations and significant personal occasions, and the brand aims to deliver the same meaningful experience in every market it enters. She also noted that the quick sale of the Rajeshahi necklace was encouraging and reflected the region’s appreciation for the craftsmanship and heritage represented by JGP’s collections.
With its debut in Karnataka, JGP Jewellers continues to expand its retail footprint while strengthening its heritage-focused approach to jewellery retail. The brand currently operates stores across Maharashtra and Goa and is exploring further opportunities to broaden its presence in additional markets.