Elegance Pondicherry gift shop has quite a selection of artefacts and gifts from all over India. Wood, brass and bronze artefacts, like idols, deities and figurines made in the South of India and Tibetan artefacts like prayer bowls and chimes are all available. There is one large room dedicated to jewellery from Rajasthan and Tibet. Typically these are jewellery made from silver, semiprecious stones and beads. There is a great deal of colour and variety in the jewellery. Another room is stocked with carpets, readymade shawls and salwar suits.
As it is a fairly large shop, take your time browsing before you make your choices.
There are also other stores selling similar stuff close by, so you can walk across and check the prices of similar items, just to be doubly sure before you decide to buy something here.