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A 5 kg gold attire for Rs 60 lakhs!

October 13, 2005 13:00 IST
By BS Regional Bureau in Mumbai

Have you ever seen a jacket as well as a skirt made of gold and studded with diamonds and weighing five kg?

Chennai-based jeweller and leading exporter Prakash Gold Palace opened their first showroom in Mumbai on Wednesday and the golden ensemble proved to be a star attraction.

PGP launched a 22-carat gold jacket and skirt at the showroom, which costs Rs 60 lakh. "It is first of its kind product in India," said D B Prakash Chand Jain, director of the company.

The set has been soldered with 916 KDM, which means that the alloy used in soldering the jewellery, evaporates at a certain temperature leaving only 22-carat gold.

It is the only piece in the five kg category. Earlier, PGP made a jacket/skirt of 3.5 kg which was sold in Dubai. However, the group seems uncertain about the domestic demand for such product.

"Though we are optimistic about its demand in a city like Mumbai, the focus is on exports," said Jain. He further added that the company will consider more such products if there is a demand.

BS Regional Bureau in Mumbai
Source:

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