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	*{{Official website\|https://pngadgilandsons.com/\|P. N. Gadgil & Sons}}		*{{Official website\|https://pngadgilandsons.com/\|P. N. Gadgil & Sons}}
	*[https://www.youtube.com/watch?v=0p5xUqNLdl4 Interview with President Ajit Gadgil and CEO Amit Modak in 2022 (in Marathi)]		*[https://www.youtube.com/watch?v=0p5xUqNLdl4 Interview with President Ajit Gadgil and CEO Amit Modak in 2022 (in Marathi)]
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{{Short description|Indian jewellery company founded in 1832}}
{{Infobox company
| name = P. N. Gadgil Jewellers
| type = [[Private company|Private]]
| foundation = {{start date and age|1832|November|29|mf=yes}}
| founder = Ganesh Gadgil
| industry = [[Jewellery]]
| divisions = {{plainlist|
*P. N. Gadgil & Sons (est. 1832 in [[Sangli]])
*P. N. Gadgil & Company (est. 1958 in [[Pune]])}}
}}

'''Purshottam Narayan Gadgil Jewellers''' is an Indian [[jewellery]] company. Established in 1832 by [[Ganesh Gadgil]], the company operated in two branches, with '''P. N. Gadgil & Sons''' in [[Sangli]], and '''P. N. Gadgil & Company''' in [[Pune]], until the branches' legal separation in 2012.<ref>{{cite web |title=PNG Jewellers Staggering Rise {{!}} Corporate Film (in Marathi) |url=https://www.youtube.com/watch?v=46GQknlGVgU |website=[[YouTube]] |publisher=PNG Jewellers |access-date=10 April 2022 |language=mr}}</ref> One of the [[List of oldest companies in India|oldest jewellery companies in India]], the company is known for producing jewellery distinct to [[Maharashtra]].<ref>{{cite book |author=Association for Contemporary Jewellery|title=Jewellers Directory |date=18 November 2007 |publisher=A&C Black |isbn=978-0-7136-8409-4 |language=en |quote=P. N. Gadgil Jewellers}}</ref><ref>{{cite book |last1=Sabyasachi |first1=Dasgupta |last2=Priya |first2=Grover |title=Optimizing Millennial Consumer Engagement With Mood Analysis |date=20 July 2018 |publisher=IGI Global |isbn=978-1-5225-5691-6 |page=195 |language=en}}</ref>

== History ==
The company was established as Gadgil Jewellers ({{lang-mr|गाडगीळ सराफ}}) in [[Sangli]] on November 29, 1832, by [[Ganesh Gadgil]]. Lacking a store, the business was initially run on the pavement of a busy thoroughfare in the city.<ref>{{cite book |last1=Joshi |first1=P. K. |title=[[Gadgil]] [[Kulavruttanta]] |trans-title=The Gadgil Family Genealogy Almanac |date=1989 |location=[[Pune]] |language=mr |page=93}}</ref><ref name="DNA">{{cite news |last1=Deshpande |first1=Renuka |title=Gadgil Jewellers 179-year-old journey from footpath to international showrooms |url=https://www.dnaindia.com/mumbai/report-gadgil-jewellers-179-year-old-journey-from-footpath-to-international-showrooms-1586102 |work=[[Daily News and Analysis|DNA]] |date=11 September 2011 |language=en}}</ref> After the birth of Gadgil's sons, he renamed the company Gadgil Jewellers & Sons.{{sfnp|Joshi|1989|pages=95, 99}} Gadgil moved the business to a [[Wada (house)|wada]] he purchased in Sangli in 1860.{{sfnp|Joshi|1989|page=93}} Under Gadgil's father, the family had previously served as ''[[moneylender|savakars]]'' to the Kolhatkar and Modak families of the [[Sangli State|Princely state of Sangli]], and were thus accorded the office of [[Crown Jeweller|royal jeweller]] to the [[Patwardhan dynasty|Patwardhan]] kings of the State after the establishment of their jewellery business.{{sfnp|Joshi|1989|pages=93, 95}}

Gadgil initially intended all three of his sons to succeed him in the business, but after his eldest son Ramchandra became a moneylender and [[dairy]] propreitor, and his youngest son Gopal became a lawyer and went on to set up a [[clothing store]], the business was continued by his middle son Narayan and his descendants. After the birth of his eldest grandson [[Purshottam Narayan Gadgil|Purshottam]] in 1874, Gadgil changed the name of the company to P. N. Gadgil Jewellers & Sons, believing that his grandson's name (Purshottam) would bring the business [[good luck]].{{sfnp|Joshi|1989|pages=95}}<ref name="DNA"/>

After Gadgil's death in 1890, the company was managed by his son Narayan Gadgil and Narayan's three sons. After Narayan Gadgil's death in 1920, the company was managed by Purshottam and his younger brothers Ganesh Gadgil II and Vasudev Gadgil. After Purshottam's death in 1954, the company's management was inherited by his younger brothers and their sons. In 1958, [[Dajikaka Gadgil|Anant "Dajikaka" Gadgil]], a younger son of Ganesh Gadgil II, and Vishwanath Gadgil ( son of Vasudeo Gadgil) set up a branch of the company in [[Pune]] under the name P. N. Gadgil Jewellers & Company.{{sfnp|Joshi|1989|pages=95–97}}<ref>{{cite book |last1=Bhargava |first1=Gopal K. |last2=Bhatt |first2=S. C. |title=Land and People of Indian States and Union Territories: In 36 Volumes. Maharashtra |date=2006 |publisher=Gyan Publishing House |isbn=978-81-7835-372-2 |page=336 |language=en |quote=P. N. Gadgil and Company - Licence and Address}}</ref>

After 1958, the two branches of the company continued to function under the same brand. Dajikaka Gadgil, Vishwanath Gadgil and Laxman Gadgil managed the business in Pune, where as Vasudev’s his son Hari and Shankar (Dajikaka's elder brother) managed the company in Sangli.{{sfnp|Joshi|1989|pages=96–99}} After Vasudev Gadgil's death in 1965, the Sangli branch of the company was inherited by his son Hari and Ganesh’s son Shankar, son of Ganesh and their sons Yashawant, until their own deaths in 2005 and 1980, respectively.{{sfnp|Joshi|1989|pages=98}} Now Sangli branch is managed by Hari’s sons Dhananjay and Ganesh and his grandson Siddharth alongwith Shakar’s sons Prakash and grandsons Milind, Raju and Sameer. The two branches were formally separated in 2012, with the Pune branch operating as P. N. Gadgil & Company<ref>{{cite book |title=Bulletin of the Institution of Engineers (India). |date=1979 |publisher=[[Institution of Engineers (India)]] |location=[[University of Illinois at Urbana-Champaign]] |page=13 |language=en |quote=P N Gadgil & Co, Jewellers of Poona}}</ref> and the Sangli branch continuing to operate as P. N. Gadgil & Sons.<ref name="et">{{cite news |title=PNG & Sons: A gem among luxury jewellers |url=https://economictimes.indiatimes.com/magazines/panache/png-sons-a-gem-among-luxury-jewellers/articleshow/81221157.cms |work=[[The Economic Times]] |date=February 26, 2021 |language=en}}</ref> Dajikaka Gadgil died in 2014, and few stores of Pune branch of the company was inherited by his son and grandson.<ref>{{cite news |title=P N Gadgil Jewellers founder ‘Dajikaka’ dead |url=https://indianexpress.com/article/cities/pune/p-n-gadgil-jewellers-founder-dajikaka-dead/ |work=[[The Indian Express]] |date=11 January 2014 |quote=Three founders of the P N Gadgil Jewellers are dead. others branches are owned by Akshay and Rohan, grandsons of Laxman and Ajit, son of Vishwanath.|language=en}}</ref><ref>{{cite book |last1=Pahwa |first1=Saloni |title=Haute Brides & Honeymoons |date=January 2016 |publisher=Pioneer Book Co. Pvt. Ltd. |page=71 |language=en}}</ref>

==Operations==
Since 2015, the Pune branch of the company has expanded operations using a [[franchising]] model across various cities in [[Maharashtra]],<ref>{{cite book |title=Bombay: The City Magazine |date=1989 |publisher=Living Media India. |location=[[University of California]] |page=54 |language=en}}</ref> and in the [[United States]], and the [[United Arab Emirates]],<ref>{{cite news |title=P N Gadgil Jewellers expands business |url=https://www.business-standard.com/article/companies/p-n-gadgil-jewellers-expands-business-115011100607_1.html |work=[[Business Standard]] |date=11 January 2015}}</ref><ref>{{cite news |title=PNG Jewellers get into franchise mode |url=https://timesofindia.indiatimes.com/city/pune/png-jewellers-get-into-franchise-mode/articleshow/65140178.cms |work=[[The Times of India]] |date=July 26, 2018 |language=en}}</ref> In 2012, PNG Sons established itself with two showrooms located at Chinchwad and Nashik, and by 2020 had expanded to over 29 showrooms.<ref name="crown jewel">{{cite news |title=A jewel in their crown: How PNG Sons became a leading jewellery brand with over 186 years of legacy |url=https://economictimes.indiatimes.com/magazines/panache/a-jewel-in-their-crown-how-png-sons-became-a-leading-jewellery-brand-with-over-186-years-of-legacy/articleshow/74235508.cms |access-date=9 April 2022 |work=[[The Economic Times]] |date=February 21, 2020}}</ref> As of 2022, the One of the Pune branch (25 stores)is managed by Ajit Gadgil under name PNG and sons. Sangli branch has 10 stores in Maharashtra, [[Kokan]] and [[Karnatak]] are managed under name M/S Purushottam Narayan Gadgil.

In November 2017, PNG Sons became a public limited company with four independent directors on its eight-members board of directors.<ref name="crown jewel"/>

In 2021, the company was added to the [[Fortune India 500]] list.<ref>{{cite web |title=P N Gadgil & Sons - Fortune 500 List 2021 - Fortune India |url=https://www.fortuneindia.com/fortune-500/company/p-n-gadgil-sons?year=2021 |website=www.fortuneindia.com |access-date=9 April 2022 |language=en}}</ref><ref>{{cite news |last1=Dasgupta |first1=Shubham |title=PN Gadgil and Sons Ltd enlisted as a Fortune 500 India company |url=https://retailjewellerindia.com/png-gadgil-and-sons-is-the-latest-indian-jewellery-brand-to-don-that-cap/ |access-date=9 April 2022 |work=The Retail Jeweller India |date=17 December 2021}}</ref>

In January 2021, the firm was [[duped]] by potential franchise partners for {{INR}}1.6 crore.<ref>{{cite news |title=Pune: Director of PNG Jewellers duped of Rs 1.6 crore, say cops |url=https://indianexpress.com/article/cities/pune/png-jewellers-director-duped-of-1-6-crores-7154653/ |work=[[The Indian Express]] |date=20 January 2021 |language=en}}</ref>

==Promotions==
The Pune branch has also become associated with several [[Bollywood]] celebrities, being [[Celebrity branding|endorsed]] by [[Salman Khan]] and [[Madhuri Dixit]].<ref>{{cite news |last1=Ghosal |first1=Sutanuka |title=PN Gadgil Jewellers rope in Salman Khan, Madhuri Dixit for global endorsements |url=https://economictimes.indiatimes.com/industry/media/entertainment/pn-gadgil-jewellers-rope-in-salman-khan-madhuri-dixit-for-global-endorsements/articleshow/46242113.cms |work=[[The Economic Times]] |date=February 14, 2015}}</ref> They have also provided jewellery to several Bollywood productions, most notably ''[[Bajrangi Bhaijan]]'' and ''[[Bajirao Mastani]]''.<ref>{{cite news |last1=Goel |first1=Hemul |title=Exclusive: Fashion designer Anju Modi decodes Bajirao Mastani's look |url=https://www.indiatoday.in/lifestyle/fashion/story/bajirao-mastani-costume-designer-anju-modi-ranveer-singh-deepika-padukone-priyanka-chopra-goliyon-ki-raasleela-ram-leela-kashibai-navvari-284173-2015-07-23 |work=[[India Today]] |date=July 23, 2015 |location=[[Delhi]] |language=en}}</ref> The company has provided jewelry to Marathi movies like [[Balgandharva (film)|Balgandharva]] and [[Katyar Kaljat Ghusali (film)|Katyar Kaljat Ghusali]], among others.<ref name="crown jewel"/><ref>{{cite web |title=Gallery |url=https://pngadgilandsons.com/gallery/ |website=P N Gadgil & Sons |access-date=9 April 2022}}</ref>

== References ==
{{reflist}}

== External links ==
{{Sister project links |wikt=no |commons=no |commonscat=no |b=no |n=no |q=no |s=no |v=no |d=yes |m=no|mw=no|species=no}}
*{{Official website|https://pngadgil.com/|P. N. Gadgil & Co.}}
*{{Official website|https://pngadgilandsons.com/|P. N. Gadgil & Sons}}
*[https://www.youtube.com/watch?v=0p5xUqNLdl4 Interview with President Ajit Gadgil and CEO Amit Modak in 2022 (in Marathi)]
{{Portal bar|India|Asia|Business|Company}}
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{{DEFAULTSORT:P. N. Gadgil Jewellers}}
[[Category:Indian brands]]
[[Category:Companies established in 1832]]
[[Category:Companies based in Pune]]
[[Category:Companies based in Maharashtra]]
[[Category:Retail companies established in 1832]]
[[Category:Jewellery retailers of India]]

P. N. Gadgil Jewellers - Revision history

RogerLazzarini9: updated page

CleanupBot II: Removed empty portal template using script

ImportMaster: robot: Import articles to fix broken redirects