Rajesh Export ramps up design team

Rajesh Exports Limited, has informed the Bombay stock exchange that the company has ramped up its designer jewellery production by adding 140 artisans, taking the number of its factory employees to 950.

The Bangalore-based exporter of gold jewellery had recently announced plans to expand into European and United States markets for it's branded diamond jewellery business.

The company has begun its research and development (R&D) operations for the design and production of branded diamond jewellery, with an initial investment of Rs 4 crore and plans for further investment in R&D in the near future.

The company will develop exclusive designer diamond jewellery for the European and US markets which will be more focused on the fashion trends and statement of style.

Rajesh Exports is India's largest exporter of designer gold jewellery, with an equity base of Rs 7.1 crore. The company has set up a five lakh sqft facility for jewellery production here.