What sort of multi-national businesses are out there? What are they doing? Take a look at...

What sort of multi-national businesses are out there? What are they doing? Take a look at the Fortune Global 500 list. This is a good start as you pay attention to multi-national enterprises (MNEs) throughout the world.

Now select a company from the Fortune Global 500 list for 2017. Do NOT pick a company in the top 20, pick something a little more obscure. Do not select a company based in the United States. Describe this company by telling me what country it is based in, what sector it is most often placed in, and share some information about its current growth.

Expert Solution

Fortune Global 500 list 2017 :

Rajesh Exports
location : HQ : Bengaluru, India
Sector : Gold Retailer in India which refines , designs and sell gold and jewellery.

Information about Rajesh Exports :

Founded in 1989 , their shop was located in a garage at Bengaluru.
1990 retail shop was opened and it expanded rapidly.
2001 the company built a large manufacturing facility in Bengaluru.
2015 the company acquired the largest gold refiner in the world, Valcambi of Balerna, Switzerland for $400 million.

Current growth : Shubh Jewellers is the retail jewelerry chain of stores by Rajesh Exports, is one of the leading gold companies in the world, is making a difference by transforming the gold retial sector altogether.

With over 80 stores in Karnataka the retail store has more plans to expands its business across Pan India,

Around 35 percent of global gold business is controlled by rajesh exports, and its annual exports are more than Rs.20,000 crore the company is changing the dynamics of the gold industry

Producing upto 250 tons of jewelry every year, the company is also the world's largest gold refiner..

A Unique feature of Rajesh Exports that differentiates from other gold manufacturing names is the rate per gram policy.

The customers are charged the original rate per gram without any additional or hidden charge.

Rajesh Exports MD Prashant Mehta plans to make their presence felt throughout the retail sector.

Conclusion : The company is thriving to deliver the same excellence at global level .

With rise in gold demand and expansion of Shubh Retail Stores, it plans to be the best in retail.

Rahul Sunny answered 2 years ago

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