Rajesh Exports has been able to bag an export order from Singapore worth Rs 1,123 crore for gold-diamond studded jewelry. The order will be ready by the end of this year. It will add another milestone in Rajesh Exports’ achievements.
In Bombay Stock Exchange filing, the company official said, “Rajesh Exports has bagged an export order worth Rs 1,123 crore of designer range of gold and diamond studded jewelry and medallions from Singapore”.
It is the latest export order in jewelry industry dealing with precious metal. The last order for gold and diamond studded jewelry was given in June by an UAE based company worth Rs 1,302 crore. Rajesh Exports is supposed to complete that order by the end of this month.
The manufacturing unit of Rajesh Exports is located in Bengaluru. The unit is spread over 12 acres of land where 250 tonnes of gold is transformed into jewelry. Shubh Jewelers is a brand operating its functions under Rajesh Exports. There are about 83 showrooms of Shubh Jewelers across the nation.
Rajesh Exports is the largest manufacturer and exporter of gold jewelry in India. Rajesh Exports was co-founded by Mr. Rajesh Mehta and his brother Mr. Prashant Mehta who are the Executive Chairman and Managing Director of the company, respectively. With Corporate Office based in Bengaluru, Rajesh Exports is world’s lowest cost jewelry manufacturer.
Rajesh Exports Limited 