Rajesh Exports


Rajesh Exports Limited is a gold retailer in India which refines, designs, and sells gold and jewelry. The company ranked 495th on the Fortune Global 500 in 2019, with revenues of more than $25,142 million, making it the eighth largest company in India by revenue. The present managing director is Prashant Mehta and the executive chairman is Rajesh Mehta.

History

The company was founded in 1989 by the current executive chairman, Rajesh Mehta and his brother Prashant Mehta born in middle class Jain family, Rajesh Exports MD. The brothers started manufacturing in a ten-person shop located in their garage in Bangalore.
By 1990, the company opened a retail front and rapidly expanded.
In 2001, the company built a large manufacturing facility in Bangalore. In 2015, the company acquired the largest gold refiner in the world, Valcambi of Balerna, Switzerland, for $400 million. Now they are planning to expand their Shubh Jewellers retail store.