|Rajesh Exports Limited (REL), the largest gold jewellery manufacturer in the world and the country`s largest exporter of gold jewellery, which was incorporated on 1st February 1995. The Company`s manufacturing facility at Bangalore brings together state-of-the-art technology with fine Indian craftsmanship. The Company has a strategic alliance with an Australian Government-owned gold mining and refining company and is the only mines-to-customer operation in the world. REL having one of the world`s largest jewellery design database, which comprises 29000 designs. REL is exporting plain Gold jewellery and studded Gold jewellery mainly to USA, UK, Singapore and UAE. The Company extensively utilizes latest technology at various production stages like Alloying, Melting, Wire Drawing, Master Making, Casting, Chain Making, Engraving and Soldering.
The Company made its Initial Public Offer (IPO) of securities to fund expansion of manufacturing facility in the year 1995 itself. After a year, in 1996, REL had successfully implemented the expansion plan. The Company planned to set up world`s largest manufacturing facility in the year 1999 and lucratively completed the construction of the World`s largest manufacturing facility in the year 2002. The commercial production of the company in new manufacturing facility was started in the year 2003. During the year 2004, REL had received an export order for a total value of 1090 million and also bagged another order worth of Rs 1850 million from Gold Star Jeweller. Rajesh Exports had completed II Phase of the World`s largest gold jewellery manufacturing facility in the same year of 2004. The Company bagged Rs. 1320 (million) order from Excel Goldsmiths, UAE in the year of 2005. During the year 2005-06, REL awarded for outstanding performance in the Export of Plain Gold Jewellery by Gem and Jewelry Export Promotion Council and also received outstanding export performance in Gem and Jewellery sector by Karnataka Chamber of commerce and Industry, Bangalore.
Oyzterbay had joined its hands with the company in the year 2006 for the business development. During the identical year of 2006, Rajesh Exports entered into realty market The Company won the Gold Trophy at the `Niryat Shree` & Niryat Bandhu` Awards instituted by the Federation of Indian Export Organization (FIEO) for outstanding performance in Gems and Jewellery sector. The company also received FKCCI`s Export Excellence Award for 2006-07. During the year 2007, REL had established branded national retail chain stores under the name of `Laabh Jewellers`. Rajesh Exports bagged an export order worth Rs. 286 crores of gold jewellery from M/s. Excel Goldsmiths, Sharjah in May of the year 2007. The Company launched nine international diamond brands during the year, and REL also launched `SHUBH JEWELLERS` during the year 2007-08. The Company bagged order worth Rs 5.34 billion of gold jewellery from Kuwait-based Lazorde Jewellery in April 2008.
REL is marching with the objective to establish itself firmly as a leader in the global jewellery market by manufacturing and marketing the finest quality jewellery to consumers across the world.|