Rajesh Exports wins Rs 1,265 crore export order

Leading jewellery manufacturing and export company Rajesh Exports Ltd. won an export order for designer gold and diamond studded jewellery and medallions, reports say. The order has come from UAE-based Al Sultan Jewellery and is worth Rs 1,265 crore.

The order is to be completed by May 31, 2015. The company noted that export order will enhance its bottom line.

With expansion under its wings, the company plans to open another 50 more retail outlets of its retail brand Shubh Jewellers concentrating in South India, in the next financial year, reports add.