Rajesh Mehta acquired his business skills from his father who was involved in jewellery business. With an investment of Rs 10,000, Rajesh launched his business and transformed into a Rs 13,800 crore establishment. He is the Executive Chairman of his company Rajesh Exports Limited.
Rajesh Mehta invested a small amount of Rs 10,000 in his business, and today he is counted among leading gold exporters of the country. He laid the foundation of his company when startup culture was virtually non-existent. Rajesh advanced in his entrepreneurial career through sheer dedication and established his business of manufacturing and exporting gold jewellery to other countries.
Who is Rajesh Mehta?
Rajesh Mehta is the Executive Chairman of his company called ‘Rajesh Exports.’ This establishment manufactures and exports gold products. Years ago, he had started his business with a small sum of money and a bag full of dreams. Today, Rajesh’s business has the turnover of Rs 13,800 crore.
Rajesh’s manufacturing units have the capacity to make 400 tons of gold products every year. His company specializes in manufacturing gold jewellery, medals, and coins.
Rajesh’s background
During his childhood, like any other ordinary child, Rajesh aspired to become a doctor. He was born in Gujarat and pursued his studies in Bangalore. When he was young, his family relocated to Karnataka due to their family’s jewellery business. At 16, Rajesh learned business tactics from his father and assisted him in their family business. With his vision, the company earned a lot of profits and opened stores across the country. For a while, Rajesh also worked with his brother’s business.
Rs 10,000 Investment
In 1982, Rajesh Mehta set out to make his mark in the business world. He borrowed Rs 2,000 from his brother and took an additional loan of Rs 8,000 from a bank. Then, Rajesh commenced his business journey with an investment of Rs 10,000. Initially, he procured jewellery from Chennai and retailed it is Rajkot, Gujarat, making a decent monthly income. As he received positive response from his customers, he expanded his operations to cater to wholesalers.
International business
Gradually, Rajesh expanded his business to cities like Bangalore, Chennai and Hyderabad. In the year 1989, Rajesh decided to further expand his business by making his own gold jewellery. He set up a small manufacturing unit in a garage in Bangalore and began making gold items.
He sold his products in Britain, Kuwait, Dubai, America and Oman, and received much appreciation for his craft. Presently, Rajesh Exports Limited is listed in the stock market and has a value of Rs 13,800 crore.
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