Rajesh Export Ltd. (REL) is currently the largest constituent of the global gold business. It aims to establish itself as a leader in the global jewellery market by manufacturing and marketing the finest quality jewellery to consumers across the world. The company was incorporated in 1989 and headquartered in Bengaluru, India with operations spread all over the world. It is the only organization in the world with a presence across the entire value chain of Gold from refining to retailing. The largest processor of gold in the world, it processes 35% of gold produced in the world.
The brand is acknowledged forsome of its exclusive features like it is the lowest cost gold jewellery producer in the world and the largest exporter of gold products from India. Furthermore, it has one of the world’s biggest active jewellery design database of 29000 designs. It has the lowest gold wastage in the jewellery manufacturing process in the world and has one of the largest and the most advanced R&D facilities in gold refining, bar making and jewellery making. The R&D facility at Valcambi, Switzerland has many global first’s to its credit including manufacturing the first minted gold bar in the world. The R&D at Bangalore has developed many proprietary jewellery making processes and designs. Across its various manufacturing facilities, Rajesh Exports has a total installed capacity to manufacture 400 tons of world-class gold products per annum including the finest plain and studded jewellery medallions and coins.
Rajesh Exports was originated in 1988 by the current executive chairman, Rajesh Mehta and his brother Prashant Mehta born. The brothers started manufacturing in a ten-person shop located in their garage in Bangalore. Over time because of their effort and passion to succeed, the company has ranked 495th on the Fortune Global 500 in 2019, with revenues of more than $25,142 million, making it the 8thlargest company in India by revenue. It is the only government recognized five-star export house in the jewellery sector. It has set up 81 retail jewellery showrooms under the brand name of Shubh Jewellers which bagged an order worth Rs 5.34 billion of gold jewellery from Kuwait-based Lazorde Jewellery in April 2008.
The company has a lot of prestigious awards to its name. Some of them include “Export Excellence Awards” and “Star Exporter Award-Merchant Gold, from FKCCI” in the year 2019. In 2018, it was awarded the “Swarna Ratna Award” by Jewellers Association, Bangalore and the “Star Export Award” in the year 2017. It has also bagged the Special Recognition Certificate in Export Excellence Awards by the Federation of Karnataka Chambers of Commerce & Industry. In 2017, the company announced that it has procured a prestigious order for its products for a value of Rs 1140 crore. The order has been procured beating global completion from a well-established and prestigious global while labeling importer from UAE and since then, there has been no stopping.
