MUMBAI, June 20:Jewellery major Rajesh Exports said that it has bagged a prestigious order worth Rs 942 crore to supply designer range of jewellery to Germany.
The order is to be completed by August 2019, the company said in a filing with BSE.
The company will be executing the order from its own manufacturing facility, which is the world’s largest jewellery manufacturing facility. This facility has a processing capacity of 250 tonnes of jewellery and gold products per annum.
The company had introduced new designs in the international markets which constitute a new range of jewellery. The special significance of this order is the acceptance of the company’s new range of jewellery in the global markets. The company expects further significant orders for this range of jewellery from the international markets.
Mr Rajesh Mehta, Chairman, Rajesh Exports Ltd. said, “The hard work of the company’s designers and manufacturing personnel has paid rich dividends in the international markets. I am confident that with this order and its successful execution, we would be looking forward for more such orders from other markets”
(UNI)
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