200 साल, 6 पीढ़ियाँ और ₹8,000 करोड़ का Empire - PNG Jewellers की पूरी कहानी !Ft. Saurabh Gadgil | RMP
Rahul Malodia Podcast
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200 साल, 6 पीढ़ियाँ और ₹8,000 करोड़ का Empire - PNG Jewellers की पूरी कहानी !Ft. Saurabh Gadgil | RMP
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Rahul Malodia Podcast
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1 927 172 просмотра · 11 месяцев назад
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Welcome to the 62nd episode of " The Rahul Malodia Podcast " - a platform where we explore important financial insights, investment strategies, and personal growth with industry experts.
🚨 Saurabh Gadgil on PNG Jewellers, Modern Retail, IPO Journey & The Future of Jewellery in India!
In this 62nd episode of The Rahul Malodia Podcast, we sit down with Saurabh Gadgil, Chairman & MD of PNG Jewellers, to uncover the 190-year legacy and fascinating growth story of one of India’s most iconic jewellery brands.
From a small "Sarafi Pedhi" in Sangli in 1832 to an ₹8,000 crore empire today, this Indian business success story is packed with lessons for every entrepreneur. We dive deep into the PNG Jewellers IPO, the challenges of running a family business, and the discipline that helped PNG Jewellers transform a single-store outlet into one of the best jewellery brands in India.
What You’ll Learn In This Episode:
🔹 How PNG Earned Trust Across Six Generations Of Customers
🔹 The Inside Story Of PNG Jewellers IPO And Expansion Strategy
🔹 What Makes PNG Different From Other Jewellery Brands In India?
🔹 The Secret To Managing Artisans, Employees & Investors Together
🔹 How To Grow A Jewellery Business In Today's Competitive Market?
🔹 How Gen Z Is Redefining Jewellery Shopping In India?
🔹 Lessons From A 190-Year-Old Brand For Modern Entrepreneurs
🎙 Guest: Saurabh Gadgil – Chairman & MD of PNG Jewellers
Timestamps:
00:00 - Introduction
01:23 - What's In The Podcast?
03:42 - What Exactly Is PNG Jewellers?
05:11 - How Was The Jewellery Business 150 Years Ago?
07:37 - PNG Jewellers: From Family Business To Modern Retail
14:10 - Convincing The Family To Expand PNG Jewellers
16:42 - What Sets PNG Jewellers Apart From Their Competitors?
19:01 - What's The First Metric You Track Every Day?
21:14 - How PNG Jewellers Manages Supply Chain Across Stores?
26:52 - How PNG Jewellers Decides Where To Open The Next Store?
29:37 - PNG Jewellers Marketing Strategy
32:15 - How Celebrities Became Part Of PNG Jewellers?
35:08 - Business Model Of PNG Jewellers
36:58 - How PNG Jewellers' Procurement Process Works?
38:00 - What's The Typical Size Of A Jewellery Store?
39:04 - Inventory, Capital & Break-Even In Jewellery Business?
41:13 - How Much Staff Does A Jewellery Store Need?
42:01 - Biggest Challenge In Jewellery Business Right Now?
43:34 - Which Jewellery Segment Brings Maximum Profit?
44:02 - How PNG Competes With Local Jewellers & Big Brands?
45:08 - Rising Gold Prices: Challenge Or Opportunity?
46:55 - How PNG Jewellers Started Its IPO Journey?
50:03 - Lessons From PNG Jewellers IPO Experience?
53:15 - Mindset After PNG Jewellers Got Listed?
55:19 - How PNG Jewellers Maintains Consistency Across Stores?
57:35 - How PNG Chooses Between Franchise & Self-Owned Store?
58:34 - How Jewellery Trends Have Changed Over Time?
1:02:07 - Gold Investing Now: What's Best for Customers?
1:03:44 - How Geopolitical Tensions Impact Gold Prices?
1:05:30 - Impact Of Lab Diamonds On Jewellery Business?
1:07:20 - Which Region Consumes Most Of The Gold?
1:08:04 - Right Time To Enter Gold As An Investment?
1:09:26 - The Purity & Safety Issues In Buying Physical Gold
1:11:02 - PNG Jewellers Vision For The Next 5 Years?
1:12:19 - Message For Aspiring Business Owners
1:13:24 - Final Words
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