Our Bureau

Mumbai, April 9

RAJESH Exports Ltd has received an export order for Rs 126 crore from Lazorde Jewellery, Kuwait, for the export of 22-carat designer jewellery.

As per the terms of the contract, the order has to be executed over a period of four months. The company has a strong presence in the West Asian markets. This order will be executed at the company's manufacturing facility at Bangalore.

"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-à-vis industry standards ," Mr Rajesh Mehta, Chairman, said in a release.

(This article was published in the Business Line print edition dated April 10, 2005)
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