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Palmonas Makes North India Debut with New Store in Delhi’s Omaxe Chowk

The demi-fine jewellery brand brings its affordable, everyday wear collection to the heart of Chandni Chowk, with Bollywood star Shraddha Kapoor leading the charge.

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Demi-fine jewellery label Palmonas has launched its first retail store in North India, opening doors at the bustling Omaxe Chowk in Chandni Chowk, New Delhi. The store showcases a wide selection of lightweight, stylish jewellery designed for modern women and features promotional visuals of Bollywood actress and brand co-founder Shraddha Kapoor.

“Palmonas was born out of the idea to offer stylish, long-lasting, and affordable jewellery for modern Indian women,” said Shraddha Kapoor, India Retailing reported. “Each piece is crafted to complement everyday looks while making a statement. I’m so excited to see our first North India store come to life at such a vibrant location like Omaxe Chowk, Chandni Chowk.”

The new outlet offers a curated range of necklaces, rings, bracelets, and earrings tailored to Indian shoppers looking for contemporary, budget-friendly jewellery. With its focus on tarnish-resistant, lightweight designs perfect for everyday use, Palmonas has built a strong global footprint, shipping to over 200 countries.

“Omaxe Chowk, Chandni Chowk, with its blend of heritage and modern infrastructure, is emerging as a launchpad for such brands,” said Omaxe Group’s executive director Jatin Goel. “Palmonas’ entry here is not just a store opening—it represents the growing appetite for curated, experiential retail that resonates with the next generation of shoppers.”

Founded in Pune in 2022 by Pallavi Mohadikar and Amol Patwari, Palmonas later welcomed Shraddha Kapoor as a co-founder. With this Delhi debut, the brand joins an elite line-up of jewellery labels at Omaxe Chowk, including Tanishq, Malabar, CaratLane, Kalyan Jewellers, Senco, and Kisna, as it continues to expand its presence in India’s thriving jewellery market.

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SRK’s Sustainability Leadership Recognised With Excellence Award

Recognition Highlights The Growing Role Of Responsible Craftsmanship In The Natural Diamond Industry

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As environmental, social and governance (ESG) considerations increasingly move from voluntary corporate commitments to matters of business resilience, supply-chain responsibility, regulatory scrutiny and stakeholder trust, sustainability is becoming an increasingly important part of how luxury products are evaluated. For the global diamond industry, this evolution is bringing greater attention to the environmental and social performance of the entire value chain, including how diamonds are crafted. Against this backdrop, renowned natural diamond crafting and exports company Shree Ramkrishna Exports (SRK) has been recognised with the “Net Zero Excellence Award” by The Forum House during The House of ESG Summit & Awards 2026, held recently in Bengaluru, India.

The recognition carries particular significance because ‘The House of ESG’ by The Forum House, an executive forum connecting businesses with senior decision-makers and building relationships around meaningful business challenges, brought together CXOs, policymakers, investors, sustainability leaders and industry experts to examine the real-world challenges where sustainability intersects with profitability, supply-chain dependencies and regulatory scrutiny.

Dr. Nirav Mandir, Chief Human Capital and Sustainability Officer, Shree Ramkrishna Exports,Said:

“We are honoured to receive this recognition from The Forum House, particularly because the House of ESG brings together leaders who are actively shaping the next phase of responsible business. For SRK, sustainability has been about building systems, measuring outcomes and creating lasting impact. We believe the natural diamond industry has an opportunity to demonstrate that responsible crafting can be embedded into the product journey itself. This recognition encourages us to continue raising that standard.”

For SRK, the recognition comes after decades of translating sustainability commitments into measurable performance. Both of the company’s flagship LEED platinum certified natural diamond crafting facilities in Surat — SRK Empire and SRK House achieved Net-Zero Energy and Emissions certification in 2024 by Global Network for Zero (GNFZ), an independent, third-party net zero certification body. SRK has subsequently expanded its focus to independently verified Scope 1, Scope 2 and Scope 3 emissions and product-level carbon measurement. SRK’s sustainability journey extends across renewable energy, green-building performance, resource efficiency, water and waste management and carbon sequestration. Through Geeta Vatika, its afforestation initiative, SRK has continued to create measurable carbon-sequestration impact. As per verified carbon sequestration by DQS, Geeta Vatika accounted for approximately 2,929 tonnes of CO₂ in FY2023–24, 3,182 tonnes in FY2024–25 and 4,982 tonnes in FY2025–26.

SRK’s sustainability efforts are also being measured at the level of the diamond-crafting process itself. Its Product Carbon Footprint was independently verified by DQS India. This provides a direct product-level dimension to the sustainability conversation: at the crafting stage covered by the assessment, the carbon sequestration credit exceeded the emissions associated with the core manufacturing process.

The recognition from The Forum House comes at a relevant moment for both SRK and the wider diamond industry. As ESG moves towards greater scrutiny and accountability, the distinction between what a company says about sustainability and what it can demonstrate through data, systems and independently verified results is becoming increasingly important. For SRK, the Sustainability Excellence recognition is an acknowledgement of its approach to embedding sustainability into the way natural diamonds are crafted and a catalyst to continue progressing beyond its Net-Zero milestones towards a broader Net Positive ambition.

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