Published
Jun 20, 2019
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Rajesh Exports bags Rs 942 crore designer jewellery orders from Germany

Published
Jun 20, 2019

Rajesh Exports Ltd has received an order worth Rs 942 crore ($135.3 million) from Germany for the supply of designer jewellery.
 

Rajesh Exports bags Rs 942 crore designer jewellery orders from Germany - Rajesh Exports


The company will complete the order and deliver the finished designer jewellery by August this year.
 
Rajesh Exports had recently launched its new range of jewellery in the global markets and expects significant orders for this range of jewellery from the international markets going forward.

"The hard work of the company's designers and manufacturing personnel has paid rich dividends in the international markets. I am confident that with this order and its successful execution, we would be looking forward to more such orders from other markets," Rajesh Exports chairman Rajesh Mehta said in a statement.
 
Rajesh Exports plans to open showrooms across the country in the coming months. It is confident of revenue growth on the back of its retail expansion and also hopes that its recent acquisition of gold refinery Valcambi will help the firm consolidate its market position in India.
 
Rajesh Exports currently has 82 retail jewellery showrooms under the brand Shubh Jewellers and supplies jewellery to about 5,000 retail showrooms across India.

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