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India's Rajesh Exports seeks more foreign acquisitions

Rajesh Mehta has built Rajesh Exports into a Fortune Global 500 company with growing ambitions.

NEW DELHI -- After acquiring the world's largest gold refiner in Switzerland for $400 million last year, Indian jeweler Rajesh Exports is scouting for other foreign assets to build its business.

Headquartered in the southern Indian city of Bangalore, the private gem and jewelry company established in 1989 is involved in all aspects of gold procurement, from refining to retailing, and processes 35% of global production.

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