Business Today

GEM PALACE

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Jaipur’s Gem Palace, in existence since 1852, has lately focused on Indian-inspired Art Deco collection­s in platinum with emphasis on precious stones such as Colombian emeralds, Burmese rubies and Sri Lankan sapphires. “We have moved away from the extremely heavy towards fine, intricate jewellery, where the value of the stones takes centre stage,” says Siddharth Kasliwal, 31, the ninth generation scion of the House of Kasliwals that owns Gem Palace. His second collection – the Sindoor Collection – pays homage to his late father, Munnu Kasliwal’s legacy, and consists of seven pieces of jewellery utilising the traditiona­l Indian technique of kundan. Siddharth has also included his father’s favourite Old Mine Diamonds as a part of this collection.

Apart from the flagship store on Jaipur's MI Road, Gem Palace has seven owned stores across India as well as three franchised ones in Istanbul, New York and Tokyo. It has had Princess Diana, Jackie Kennedy, Oprah Winfrey and Nicole Kidman among its growing legion of patrons.

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