Pursuits
Rajesh Exports May Invest $1 Billion in Rwandan Gold, Diamonds
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Rajesh Exports Ltd., India’s largest jewelry maker and exporter, said it may invest as much as $1 billion in Rwanda over the next five years developing the country’s gold industry and building a diamond-trading business.
The company, based in Bangalore, India, is in talks with Rwanda’s government about proposals that include establishing a gold refinery in the East African nation within six months, Ravi Chandra, the company’s chief executive officer for mining, said in an interview on May 10 in Kigali, the capital.