Rajesh Exports earns Rs. 116cr order from M/s Excel
13 Dec '07
1 min read
Rajesh Exports Limited (REL) has bagged its maiden branded Diamond Jewellery order for Rs. 116 crores from M/s Excel Goldsmiths, UAE.
This is REL's maiden export order for Diamond Jewellery. REL has introduced nine brands of diamond jewellery.
It has taken more than two and a half years of in-depth research to visualize, design, prototype and manufactures these brands.
The order is for six out of the nine brands of Diamond Jewellery manufactured by REL. The order is for the following brands: 1) Eternal 2) Solitaire 3) I-teen 4) Ghazal 5) Aishwarya 6) Sushmita
The Diamond Jewellery is to be made by using VVS1 G H colour Diamonds. The order is to be delivered by 31st March 2008.
This order is expected to have a positive impact on the profitability of the company.