Rajesh Exports (REL) has bagged an export order worth Rs 653 crore of designer range of gold and diamond studded jewellery and medallions from Singapore. The order is to be completed by 30th September 2016.
This order will be executed at the company's manufacturing facility at Bangalore, which is the world's largest gold products manufacturing facility. The manufacturing facility has an installed capacity to process 250 tons of jewellery and gold products per annum. REL is confident of completing this order well within the time frame, leveraging on its expertise, skilled craftsmen, artisans and its exceptionally strong backward integrated infrastructure.
The demand for Indian jewellery and Indian gold products in the foreign markets has been growing rapidly. REL caters quality Indian Jewellery with best craftsmanship to the global markets. REL has combined the art of handmade jewellery and technology that spells excellence in the jewellery manufacturing industry.
Rajesh Exports is a zero debt company on a standalone basis. The company with its undivided focus and expertise, the company is currently the single largest constituent of gold business in the world. Largest processor of gold in the world, REL processes 35% of gold produced in the world. REL is the only gold company with a presence across the value chain of gold from mining till its own retail brand.