Bangalore : Rajesh Export Ltd. ( BSE Code: 531500), (NSE Code:RAJESHEXPO) has bagged an export order worth Rs. 1122 Crores
of designer range of gold and diamond studded jewelry and medallions from UAE. The order is to be completed by 31st March 2016.
This order will be excuted at the Company's manufacturing facility at Bangalore, which is the world's largest gold products manufacturing facility spread over 12 acres of land with a built up area of 5,00,000 Sqft. The manufacturing facility has an installed capacity to process 250 tons of jewelry 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 integration infrastructure.
The demand for Indian jewelry in the foreign markets has been growing rapidly. REL caters quality Indian Jewelry with best craftsmanship to the global markets. REL has combined the art of handmade jewelry and technology that spells excellence in the jewelry manufacturing industry.
Rajesh Exports Limited ( REL) is a zero debt company on a standalone basis. REL was established in the year 1980, with its undivided focus and expertise, the company is currently the single largest constituent of gold business in the world. REL is the only gold company with a presence across the value chain of gold mining till it's own retail brand.
REL is the largest refiner of gold in the world. With the recent acquisition of Valcambi, the world's largest gold refinery at Switzerland, along with it's Indian refinery has built up a total capacity to refine 2400 tons of precious metals per annum. Valcambi is a LBMA accredited refinery, the gold bars produced at Valcambi are good delivery bars and are accepted across all the precious metal exchanges of the world and with all the bullion banks and central banks. Valcambi supplies "Valcambi" brand goldbars to various bullion banks and central banks.
