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PNG Jewellers Sees Surge in Footfall and Strong Diwali Sales as Festive Week Begins

With Diwali just around the corner, PNG Jewellers has seen a significant rise in store traffic and strong sales driven by both festive and wedding season purchases

Post By : IJ News Service On 30 October 2024 11:00 AM

PNG Jewellers, a leading name in India’s jewellery market, is reporting high footfalls and robust sales as Diwali celebrations and wedding season approach. Foot traffic at stores has surged since late afternoon, and demand continues to build, with stores expected to remain open until 11 pm to accommodate eager shoppers.

Dr. Saurabh Gadgil, Chairman and Managing Director of PNG Jewellers, noted a noticeable trend in product preferences, with customers gravitating towards heavier jewellery pieces for both Diwali and upcoming wedding festivities. “Bookings and orders have been very strong,” shared Dr. Gadgil. “Shoppers are combining their Diwali purchases with preparations for the wedding season, showing a clear preference for necklace sets, bangles, bracelets, and silver articles. Gold and silver bullion is also performing well despite high prices, signaling a positive market sentiment.”

With Diwali just days away, PNG Jewellers anticipates continued strong sales as consumers opt for high-value items, particularly in gold and silver. The bullish market trend is expected to sustain through the festive week, promising PNG Jewellers a season of substantial sales and customer engagement.

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