Wealthrox

Rajesh Exports

RAJESHEXPO · Consumer Durables > Diamond & Jewellery · Chairman: Rajesh Mehta · MD: Prashant Mehta · Listing date: Feb. 9, 2000 · Employees: 377 · Bangalore · http://www.rajeshindia.com

Rajesh Exports Limited (REL) headquartered in Bangalore, India manufactures gold & diamond jewellery. REL exports its products world wide and distributes them within India to the wholesale jewellery market. REL also retails its products through its own network of retail jewellery showrooms Shubh Jewellers spread across India.

REL has set up a state-of-the-art jewellery manufacturing unit at Whitefield, Bangalore. The construction of the manufacturing unit was started in the year 2001 and completed in the year 2003. The factory has been specifically designed to suit the most demanding needs of jewellery manufacturing; special emphasis has been laid on security, minimizing Gold wastage and worker welfare. The peak out-put capacity of the factory is to produce Two hundred and fifty tones of world class jewellery per annum. The manufacturing facility is the largest jewellery manufacturing facility in the world.

REL has established reliable international marketing network which has a reach in North America, Europe, Asia & Australia. REL also has set-up a domestic marketing network across most of the Indian states. In the international markets REL supplies to large scale whole sellers and has established relationships spanning over a long period of time with some of the largest jewellery names across the world. In the domestic market REL supplies to jewellery showrooms across the country. REL has a clientele of more than Five thousand jewellery showrooms in India. For domestic marketing REL has developed its specialized marketing team which caters to the needs of the clients.

REL has launched a Gold Revolution in the state of Karnataka and proposes to carry on the same all across India under the brand name of SHUBH JEWELLERS. REL has setup 75 retail jewellery stores across Karnataka at prominent locations. REL has created an exclusive set of designs to be sold at these showrooms. REL is also in the process of setting up five hundred retail jewellery stores across the five southern states of India under the brand name SHUBH JEWELLERS. REL has introduced a unique Associate model to set up its remaining stores.

Products

REL specializes in ASIAN JEWELLERY and manufactures almost all types of Asian Jewellery in 22cts, 21cts and 18ct.

REL has over the period of time understood the Asian Jewellery market in depth. The R&D division analyses various trends and requirements of the Asian Market and regularly develops new designs to suit the markets. REL has a current Asian design portfolio of over 20,000 designs. The designs are categorized into various categories and are further subdivided into sub categories and items. All the designs are digitized and each of the design has an unique identification number.

EARRINGS

REL manufactures various types of earrings to suit Indian, Pakistani, Sri Lankan, Arabic, Chinese and other Asian populations. The portfolio of earrings comprise a weight range of 0.8 gms per pair to 50 gms per pair. All the types of earrings like studs, hanging, bali, jumki, etc. are available in plain gold, meenakari and various types of studding. REL has a design portfolio of over 3000 earrings in the Asian style.

RINGS

REL manufactures a wide range of finger rings to suit most of the Asian markets. The portfolio of rings comprises a weight range of 0.70 gms to 15 gms per piece. The rings are available in various workmanships like machine cut, filigree work, plain gold, meenakari work , studded work etc. REL has a design portfolio of over 2500 rings in the Asian style.

PENDENTS

REL manufactures pendents in various designs & concepts to suit most of the Asian population. The weight range available in pendent is 0.7gms to 15gms per piece. Pendents are made in various styles like plain gold, meenakari, studded etc. REL has a portfolio of more than 2,500 Asian design pendents.

CHAINS

REL manufactures chains in various designs & concepts to suit most of the Asian population. REL manufactures chains by many different methods like machine made, hand made etc. The weight range available in chains is 2gms to 120gms per piece. REL has a portfolio of more than 1500 Asian design chains.

NECKLACES

REL manufactures necklaces in various designs & concepts to suit most of the Asian population. The weight range available in necklaces is 8gms per piece to 55gms per piece. REL has a portfolio of more than 1200 designs in necklaces.

NECKLACE SETS

REL manufactures necklaces sets in various designs & concepts to suit most of the Asian population. The weight range available in necklace sets is 14gms per set to 600gms per set. REL has a portfolio of more than 3000 designs in necklaces sets.

BANGLES

REL manufactures bangles in various designs & concepts to suit most of the Asian population. The weight range available in bangles is 8gms per pair to 120 gms per pair. REL has a design portfolio of 2000 designs in bangles.

BRACELETS

REL manufactures bracelets in various designs & concepts to suit most of the Asian population. The weight range available in bracelets is 4gms per piece to 90gms per piece. REL has a portfolio of more than 1500 designs in bracelets.

Milestones

REL is headquartered in Bangalore, India
1988 - Brothers Rajesh Mehta and Prashant Mehta joined family retail jewellery business.
1990 - Rajesh Exports established the first organized gold jewellery manufacturing facility in India.
1991 - Rajesh Exports established India's first R&D facility in the jewellery sector.
1994 - Rajesh Exports emerged as the largest exporter of jewellery from India.
1995 - Initial Public Offer (IPO) of securities to fund expansion of manufacturing facility
1995 - IPO overwhelmingly subscribed and REL securities listed and traded on the BSE and NSE
1996 - REL successfully implemented the expansion plan. • 1999 - REL plans to set up world's largest manufacturing facility
2002 - REL completes the construction of the World's Largest manufacturing facility.
2003 - REL begins commercial production in the new manufacturing facility
2006 - REL achieves a sales of USD 1.5 billion.
2008 - REL establishes branded retail chain stores under the name of 'Shubh Jewellers'
2009 - REL launches the Gold Revolution in the state of Karnataka through Shubh Jewellers.
2011 - REL has launched 73 Shubh Showrooms in the state of Karnataka.
- REL Launch of worlds first jewellery Service Center
-REL has launched 73 Shubh Showrooms in the state of Karnataka.'
2013
• Established India’s largest Gold refinery in the state of Uttaranchal, thereby becoming the only player across the value chain of gold in the World.
• Rajesh Exports awarded the Special Recognition Certificate in Export Excellence Awards by Federation of Karnataka Chambers of Commerce & Industry.
• Rajesh Exports awarded for the Highest Jewellery Exports From Kerala by Kerala Gem and Jewellery Show.
• Rajesh Exports awarded the Swarna Ratna Award by The Jewellers Association.
2014
• Launched 80 SHUBH Jewellers showrooms in the state of Karnataka.
• Rajesh Exports awarded the Swarna Ratna Award by The Jewellers Association.
2015
• Acquired the world's largest gold refinery, Valcambi.
• Sales of over USD 8 Billion.
2016
• Sales of over USD 24 Billion.
• Launched 81 Jewellery Showroom in the state of Karnataka

Awards

2007-2008

EPCES Export Award for Outstanding Export Performance in category I-EOU SSI.

2006-2007

Gold Trophy at the FIEO 'Niryat Shree' & 'Niryat Bandhu' awards

Star Exporter award which is the highest honour for export performance by theFKCCI

Ranked as the No.1 company in the Gem & Jewellery sector by DUN & BRADSTREET

2005-2006

Awarded for outstanding performance in the Export of Plain Gold Jewellery byGem and Jewelry Export Promotion Council for the year 2005 - 06.

Outstanding export performance in Gem and Jewellery sector by KarnatakaChamber of commerce and Industry, Bangalore.

2004-2005

Awarded for outstanding performance in the Export of Plain Gold Jewellery byGem and Jewelry Export Promotion Council for the year 2004 - 05.

2003-2004

Outstanding performance award for the export of Precious Metal jewelry from theGem & jewelry export promotion council of India.

Largest exporter from the EOU sector awarded by the CEPZ, a central Governmentundertaking.

Best exporter award from Karnataka State Government.

2002-2003

Outstanding performance in the export of plain jewelry award received from theGem & jewelry export promotion council of India.Best exporter award from Karnataka State from the Visweswaraiah Industrial tradecenter.

2001-2002

Outstanding performance in the export of plain jewelry award received from theGem & jewelry export promotion council of India.