Rajesh Exports – The Largest Jewellery Manufacturer in the World

Gems and Jewelry Companies: From Humble Beginnings to a Billion Dollar Empire

From a small shop in Bangalore to becoming the world’s largest manufacturer of gold jewelry, Rajesh Exports Ltd has journeyed far beyond traditional business growth. Founded in 1989 by brothers Rajesh Mehta and Prashant Mehta, the company has risen as a colossal force in the global gold and jewelry sector, now exporting to over 60 countries. Its reputation rests on a combination of volume, innovation, and vertical integration—a strategy that has allowed it to control the entire supply chain from refining gold to retail.

Title: The only company that can manufacture any type or design of jewelry at a fraction of market costs
Image Credit: Rajesh Exports

With headquarters in Bangalore and a strong global footprint, Rajesh Exports handles 35% of the world’s gold refining capacity, thanks to its acquisition of the Swiss firm Valcambi in 2015. This Gems and Jewelry Companies news report highlights that the company refines over 2,400 tons of gold annually, making it not only the largest but also among the most cost-efficient players in the industry. By owning one of the world’s most technologically advanced refining plants, Rajesh Exports ensures quality control, sustainability, and consistency in its supply.

Vertically Integrated Operations Redefine Jewelry Production

Rajesh Exports is one of the few companies in the global precious metals sector with a fully integrated model. The company manages every stage—from refining raw gold, to manufacturing high-end jewelry in its ISO 9001:2008 certified facilities, and distributing through its retail arm, Shubh Jewellers. These factories churn out intricate designs blending traditional Indian aesthetics with global trends, supporting an astonishing production capacity of 350 tons of jewelry annually.

In addition to mass manufacturing, Rajesh Exports is also a silent engine powering other global brands and retailers, offering customized design and manufacturing solutions. Despite its scale, the firm operates with a lean cost structure, keeping it competitive in price-sensitive markets like India, the Middle East and North America.

Strategic Moves and Global Reach

The 2015 acquisition of Valcambi SA was a game-changing move that not only granted Rajesh Exports access to advanced refining technology but also allowed it to expand into European and American markets. The acquisition cemented the company’s position as a dominant global refinery and manufacturer. Today, Valcambi continues to refine gold for some of the biggest global banks and central banks under Rajesh Exports’ ownership.

Their business model also ensures insulation from gold price volatility, as the company operates on a low-margin, high-volume model with limited inventory risk. Moreover, with a strong presence in UAE, Singapore, and India—three of the world’s major gold markets—the company has strategically positioned itself to tap into future growth across continents.

Retail Expansion and Future Vision

While Rajesh Exports has thrived primarily as a wholesale and export titan, its foray into retail via Shubh Jewellers marks a bold step toward becoming a household name. The chain currently has over 80 outlets in Karnataka and is aiming for pan-India expansion. Known for its zero-making charge pricing strategy, Shubh Jewellers disrupts traditional Indian jewelry retail models and appeals directly to value-conscious consumers.

The company has also signaled interest in leveraging emerging technologies like AI in design and blockchain for supply chain transparency, which could further enhance its operational excellence and consumer trust.

Rajesh Exports has redefined what it means to be a gold powerhouse in the modern era. Its rise from modest origins to global domination reflects a rare blend of vision, execution, and strategic daring. As it pushes into new markets and technologies, the world will be watching this jewelry behemoth closely. With unparalleled refining capacity, massive production infrastructure, and an expanding retail base, Rajesh Exports is not just leading the industry—it is transforming it from the ground up.

Vist the Rajesh Exports website for more details: http://www.rajeshindia.com/

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