Rajesh Exports Ltd plans aggressive retail expansion for growth

By

Maverick Martins

Published
Oct 16, 2019

Rajesh Exports Ltd is planning to strengthen its retail presence by launching showrooms under its brand Shubh Jewellers across India in the coming months.
 

The company is confident that its retail expansion coupled with the launch of new collections will result in higher sales and improve its margins.
 
As part of its ongoing expansion plan, Rajesh Exports recently added a store at Chandapura in the city of Bengaluru.

Commenting on the company’s expansion plans, Rajesh Mehta, chairman at Rajesh Exports Ltd in a statement said: "I am happy to inform our shareholders that the company has opened one more retail showroom of Shubh Jewellers and is planning to open more showrooms with more designs in the coming months which we feel would lead the company in the higher-margin growth trajectory."
 
Rajesh Exports currently has 82 retail jewellery showrooms for Shubh Jewellers and supplies jewellery to about 5,000 retail showrooms across India.