Rajesh Exports bags Rs.1,123-crore order

New Delhi, Sep 4 (IANS) Rajesh Exports has bagged an order of Rs.1,123 crore of designer range of gold and studded diamond jewellery and medallions from Singapore, the company said in a Bombay Stock Exchange filing on Friday.

The Bengaluru-based company said the order has to be completed by December 31, 2015.

“This order will be executed at the company’s manufacturing facility at Bengaluru. The manufacturing facility has an installed capacity to process 250 tonnes of jewellery per annum,” the company said.

The company said it was confident of completing this order within the stipulated timeframe, leveraging on its expertise, skilled craftsmen and artisans.

The demand for Indian jewellery in the foreign markets has been growing rapidly.

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