Categories: Business Hour

Rajesh Exports bags export order of Rs 1,122 crore

A woman buyer looks at gold bangles at a jewellery shop in Mumbai October 8, 2009. REUTERS/Arko Datta/Files

Rajesh Exports bagged an order for diamond and gold studded jewellery along with medallions, to be exported to the UAE. The total amount involved in this order is Rs 1,122 crore. Rajesh Export is a gold jewellery leader based in India, which exports its products all across the globe at the best price.

March 31, 2016 is the scheduled date for the completion and export of the order. The whole lot will be designed and manufactured at Rajesh Exports’ facility centre at Bengaluru.

The officials of the company said, “Rajesh Exports has bagged an export order worth Rs 1,122 crore of designer range of gold and diamond studded jewellery and medallions from the UAE.”

Last month, the firm had won an export order worth Rs 1,360 crore from the UAE for gold and diamond studded jewellery.

In July, Rajesh Exports had acquired Switzerland-based gold refinery Valcambi for $400 million in an all-cash deal to tap European and North American markets.

The firm has also developed a range of designer jewellery suitable for the European and North American markets.

Rajesh Exports also sells jewellery under the brand Shubh Jewellers and has 80 showrooms across the country. The firm founded with the objective to establish itself as a global leader in the jewellery market, which can be done by crafting finest quality jewellery and make it available for National and International client base. The industry expert is leading towards its goal with effective and efficient efforts.

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