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Rajesh Exports bags Rs 126cr Kuwait order

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Our Web Bureau Mumbai
Rajesh Exports bags Rs 126cr Kuwait order
Our Web Bureau / Mumbai April 07, 2005
Rajesh Exports has received an export order of Rs 126 crore from Kuwait's Lazorde Jewellery.

According to a release issued by Rajesh Exports to the BSE, the company is to export 22 carat designer jewellery over a period of four months from April 07, 2005, as per the terms of the contract.

The order will be executed at the company's Banaglore manufacturing facility, which is the world's largest jewellery manufacturing facility spread over 12 acres of land with a built up area of 5,00,000 sq ft. The manufacturing facility has an installed capacity of 250 tonnes per annum, the release said.

Rajesh Mehta, Chairman, of Rajesh Exports, said, "The initiatives taken by the company have been yielding encouraging results and our clients have been sourcing high value designer jewellery from us. We have the lowest wastage per gram of processed gold vis-

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First Published: Apr 07 2005 | 11:47 AM IST

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