Rajesh Mehta Founder of Rajesh Exports Started his business by borrowing Rs 10,000 today company worth Rs 13,800 crore: Startup culture is increasing in our country India, every day new startups are being started due to which the economy of our country is also growing rapidly. From this world of startup and business, today we have brought such a story for you in which a person has set up a huge company worth crores by taking a loan of just Rs 10,000.
Today we are talking about Indian industrialist Rajesh Mehta who is the owner of Rajesh Exports company and with the help of his hard work and patience, he has made this company worth Rs 13,800 crores today. Rajesh Mehta is also called the gold merchant in the world of Indian startups.
So in today’s article, we are going to tell you about Rajesh Exports Story, along with this we will also know how Rajesh Mehta has made this company a company worth crores today. Let us also tell you that a few years ago, this Rajesh Exports company of Rajesh Mehta was listed in the stock market.
Rajesh Mehta’s early days
Rajesh Mehta is a resident of Gujarat state of India. Rajesh had a dream of becoming a doctor since his childhood, but perhaps it was not written in his fate to be like that. His father’s name is Jaswantri Mehta, who was a jewelery businessman by profession. Rajesh’s father came to Karnataka for his jewelry business, due to which Rajesh was also studying in Bengaluru city of Karnataka.
During his studies, Rajesh started helping his father in his business at the age of just 16. While working with his father in the business, he made up his mind to do something big in the jewelry industry, and then from here Rajesh started the journey of making Rajesh Exports company.
Borrowing 10,000 he made a company worth 13,800 crores
Rajesh wanted to do something big in the jewelry industry, so to do this, he borrowed 2,000 rupees from his brother and then took a loan of 8,000 rupees from the bank. After borrowing a total of 10,000 rupees, Rajesh started his company named Rajesh Exports in the year 1982.
Initially, Rajesh used to buy small scale jewellery from Chennai and sell it in Gujarat. After some time, when he got success in this work, he expanded his business, in which he started selling jewellery from Hyderabad to Chennai.
The biggest turning point in Rajesh Mehta’s life came when he stepped into making gold jewellery in the year 1989. Rajesh set up a small Gold Manufacturing Unit in Bengaluru, from where he used to sell gold products all over the world and today the same small manufacturing unit has turned into Rajesh Exports, whose valuation has reached Rs 13,800 crore today.
The company has also been listed in the stock market
Let us also tell you that this company of Rajesh Mehta is also listed in the Stock Market, the market cap of this company in the stock market is Rs 13,800 crore. At present, Rajesh Exports company manufactures more than 400 tonnes of gold jewellery every year, due to which today he has made a distinct identity for himself as a Gold Exporter all over the world.
Along with this, we also tell you that Rajesh Exports also has its own Gold Refinary in Switzerland. Rajesh Mehta has been able to build such a big company today because he always believed in himself and kept a positive attitude.
Rajesh Mehta Interview
Rajesh Exports Story Overview
Startup Name | Rajesh Exports |
Founder | Rajesh Mehta |
Homeplace | Gujarat, India |
Revenue (FY21) | Approx. $32 Billion |
Official Website | http://rajeshindia.com/ |
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