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Tuesday, 17th May 2005 (5715 views)

The world's largest manufacturer of gold jewellery, Rajesh Exports, is going from strength to strength.<br/><br/>Reporting its financial results for the year ending March 31st, the company flagged its domination of the world gold jewellery industry.<br/><br/>With record-breaking net profits of Rs 430.85 million, Rajesh has become the top-selling jewellery brand in India, and boasts the highest sales ever achieved by an Indian jewellery company.<br/><br/>Sales were up by almost 40 per cent on the previous year, totalling Rs 42,468.124 million.<br/><br/>Rajesh Exports' chairman, Mr Rajesh Mehta, said the milestone figures were a testament to the company's manufacturing capabilities, which have been boosted by its establishment of its state-of-the-art facility.<br/><br/>"It has augmented our capabilities to offer a range of jewellery with international quality and finish at extremely competitive price points," he commented, according to web Newswire.<br/><br/>The company has now finalised its plans to launch a chain of branded retail stores that will allow it to increase its share of the rapidly expanding domestic market for branded jewellery.<br/><br/>"We want to offer Indian customers a unique experience when they walk into our stores to buy jewellery. Our stores would ensure quality and affordability to the consumers," Mr Mehta concluded.<img alt="track" src="http://directnews.dehavilland.co.uk/dn.gif?feedid=196&itemid=8522137"/>

 

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