Editor’s Note
This article provides a brief overview of Rajesh Exports, a prominent multinational gold retailer and exporter based in Bengaluru, India. It highlights the company’s global standing and the prominence of its founder, Rajesh Mehta, among the city’s wealthiest individuals.
Rajesh Exports is a multinational gold retail seller company headquartered in Bengaluru. Recognized as a major gold exporter in India and globally, Rajesh Mehta is counted among the wealthiest individuals in Bengaluru.
With the surge in gold prices, wealthy individuals worldwide are eyeing related businesses. This is why several prominent Indian entrepreneurs have recently launched jewelry brands. While there are many companies in India’s gold trading sector and jewelry is sold through numerous brands, do you know who India’s largest gold jewelry exporter is? You might have heard his name. What’s even more remarkable is that this gold magnate, while based in India, has expanded his business to 60 countries.
You might be wondering which entrepreneur we are talking about. Yes, we are referring to Rajesh Mehta, the owner of Rajesh Export Ltd, India’s largest gold jewelry export company. His company manufactures and exports gold and diamond jewelry, holding the largest market share in the country. Rajesh Exports is a multinational gold retail seller company headquartered in Bengaluru. Recognized as a major gold exporter in India and globally, Rajesh Mehta is counted among the wealthiest individuals in Bengaluru.
After consistent success in business, Rajesh Mehta began exporting gold ornaments to several countries. The world’s largest gold company handles everything from gold refining to jewelry sales. Rajesh Mehta also owns a company related to gold refining. Rajesh Mehta inherited the gold and silver business and gradually expanded it. Today, he has carved out a distinct identity for himself. Moreover, his venture has now transformed into a global enterprise.
The world’s largest gold refinery, Valcambi, is located in Switzerland. This refinery has been acquired by Rajesh Mehta’s company, Rajesh Export. This Swiss refinery processes over 2,000 tons of gold, silver, platinum, and palladium annually. Rajesh Mehta took over Valcambi in July 2015. After further expanding the business, he now has refineries in both Switzerland and India.
The scale of Rajesh Mehta’s business can be gauged from the fact that Rajesh Export processes over 35% of the world’s gold. His father, Jaswantrai Mehta, moved from Gujarat to Karnataka for the jewelry business. After completing his education, Rajesh also joined his father’s business. In 1982, he would buy silver ornaments from Chennai and sell them in Rajkot, Gujarat. After finding success in the jewelry business, he started a small unit in his garage in Bengaluru to manufacture gold jewelry.