P N Gadgil Exclusive Set to Expand its Retail Presence- Collaborates with Solitario a leading manufacturer of Lab Grown Diamonds

P N Gadgil Exclusive
Abhay Gadgil addressing a Press Conference at the PYC Hindu Gymkhana today. In Photo (from Left to Right) - Deepa Gadgil, Abhay Gadgil, Ricky Vasandani and Satish Daryanani

PUNE: Diamonds have always been a piece of desire for all; however, they catered to a niche market owing to their price. That desire can now be fulfilled for all with authentic Lab Grown Diamonds (CVD), the latest trend in the jewelry segment. As a part of its expansion plans in Pune, Goa, and other states P N Gadgil Exclusive – Nal Stop today announced its collaboration with Solitario, a Pune-based manufacturer & retailer of Lab lab-grown diamonds (CVD).

Speaking about the tie-up, Abhay Gadgil, Founder of P N Gadgil Exclusive said, “As a part of our expansion plan, we are thrilled to collaborate with Solitario, a brand that shares our commitment to quality and ethical practices. Along with our gold, silver, and natural diamond jewelry, this partnership allows us to offer our customers a unique collection of lab-grown diamond jewelry at our Nal Stop outlet and the upcoming showrooms at Baner and Goa. For jewelry patrons, this is great news because the collaboration will bring in the legacy of P N Gadgil and the innovation of Solitario to sell gold, silver, natural diamonds, and CVD diamonds all under one roof leaving the customers spoilt for choice.

There has been a huge surge in the demand for authentic Lab Grown Diamond jewelry as it comes with sustainability and certification like that of mined diamonds. We are happy to have found the right partner to cater to this rising trend,” stated Deepa Gadgil, Partner at P N Gadgil Exclusive.

Expressing their delight in associating with P N Gadgil Exclusive, Satish Daryanani, Co-Founder of Solitario said, “At Solitario, we believe in redefining luxury by providing diamonds that are not only stunning but also environmentally conscious. Partnering with P N Gadgil Exclusive allows us to reach a wider audience with our shared vision of ethical and sustainable luxury.

Lab Grown Diamonds are visually, chemically, and physically identical to mined diamonds. Beginning as small diamond seeds, diamonds are cultivated by simulating the geological conditions of natural diamond creation but without the negative environmental and social impacts of traditional diamond mining. Similar to mined diamonds, Solitario diamonds are certified by credible authorities such as IGI and GIA,” added Ricky Vasandani, Co-Founder of Solitario.

Abhay Gadgil pointed out that the jewelry industry is at the cusp of a major transition where conventional gold, silver, and natural diamonds are blending with a new age category lab-grown diamonds (CVD). In recent years, there has been substantial awareness about diamond mining, making customers look for an ethical and sustainable alternative to mined diamonds. Global trends are adapting to this transition, and this is reflected in new-age jewelry gaining market share.

Ricky Vasandani informed that through this collaboration, the exclusive Lab Grown Diamond (CVD) jewelry will be available in Pune, Mumbai, Goa, Hyderabad, Ludhiana, Lucknow, Kochi, Bengaluru, and Chandigarh. They will also be available at Nexus and Phoenix Malls. Abroad, the jewelry will be available in Dubai, the Bahamas, and Spain.


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