Prashant J. Mehta: A Visionary Business Leader and Philanthropist

An Entrepreneurial Maestro

Prashant J. Mehta, born on September 29, 1962, is a name synonymous with excellence in the Gems & Jewellery industry. Mr Mehta has dedicated over 45 years to transforming the sector. Mr Mehta serves as the director of the Lab-Grown Diamond and Jewellery Promotion Council of India, recognized by the Ministry of Commerce, Government of India, and is a past president of the Jewellers Association of Bangalore.

As the founder and former Managing Director of Rajesh Exports Ltd., a Fortune 500 company, his strategic leadership and innovative vision have positioned the company at the pinnacle of success. Under his leadership, REL processes 35% of the world's gold, boasting a global revenue in excess of USD 37 billion.

Beyond this, he has spearheaded multiple ventures, including Trilokesh Exports, Trilokesh Smart Homes, Trilokesh Management Consulting Pvt. Ltd., and Trilokesh Finance Corporation, cementing his reputation as a serial entrepreneur.

The Rise of Trilokesh Gems and Jewellers Pvt. Ltd.

In just one year, Trilokesh Gems and Jewellers Pvt. Ltd. Has achieved remarkable success in the lab-grown diamond industry through complete vertical integration.

Their operations cover every aspect of the diamond value chain, including:

● Growing diamonds

● Cutting and polishing diamonds

● Jewellery manufacturing

● Exporting

● Wholesale (B2B)

● Retail (B2C)

Vision for Global Expansion

Under the leadership of Prashant J Mehta, the company is set to expand internationally. Plans include opening over 50 retail stores across India and another 50+ globally. This expansion is driven by the growing confidence in the lab-grown diamond market.

Achieving $1 Billion in Revenue

Trilokesh Gems and Jewellers aims to reach $1 billion in revenue within the next two years. This ambitious target highlights the rapid growth and increasing popularity of labgrown diamonds, especially among younger consumers.

Trailblazing Achievements of Rajesh Exports Ltd.

Under Mr. Mehta's stewardship, Rajesh Exports Ltd. has earned numerous accolades:

● No. 1 Investor Friendly Company: Recognized by Business Today.

● Five Star Export House: Conferred by the Government of India.

● Nominated Agency for Gold Bullion Import: Status holder for importing gold bullion.

● Consistent Excellence: Overall Excellence in Gold Exports by the Gem & Jewellery Export Promotion Council for 13 years running.

● State Recognition: Karnataka State Government's Best Exporter Award for nine consecutive years.

● Global Recognition: Ranked 295th in the Fortune 500 list in 2017.

● Industry Leader: Largest producer and refiner of gold jewellery (22ct gold) worldwide.

● Global Impact: Rajesh Exports Ltd. processes 35% of the world's gold, with a staggering global revenue exceeding USD 37 billion.

Philanthropy and Community Engagement

A philanthropist at heart, Mr. Mehta's contributions extend far beyond business. He is actively involved in various community initiatives and holds trusteeships at prominent organizations, including:

● Jain Mission Trust Hospital

● Sri Vardhaman Sthanakvasi Jain Sangh

● Sri Samyukt Gujarati Samaj Bangalore

● Sri Mahaveer Jain Hospital

Championing Sports and Wellness

Mr. Mehta is a passionate promoter of sports. His commitment is evident through sponsorships of major sporting events:

● BPCL Junior Cricket World Cup

● All India Junior Tennis Ranking Trophy

● ATP World Ranking Women’s Tennis Tournament

As an athlete, Mr. Mehta has represented his college in cricket at the state level, competed in shuttle tournaments, and won numerous trophies in athletics. He is a single-digit handicap golf player, having triumphed in several golf tournaments. His regular engagement in tennis and golf reflects his dedication to maintaining an active lifestyle.

A Legacy of Excellence and Integrity

Prashant J. Mehta's journey is a testament to visionary leadership, relentless pursuit of excellence, and a profound commitment to community and personal well-being. His contributions to the Gems & Jewellery industry, combined with his philanthropic efforts and sporting achievements, make him a paragon of success and an inspiration to many. Mr. Mehta's legacy continues to shine brightly, reflecting his unwavering dedication to making a positive impact on both his industry and society at large.

Industry Leadership and Advocacy

In addition to his business acumen, Mr. Mehta plays a vital role in industry advocacy. He is the Director of the Lab-grown Diamond and Jewellery Promotion Council of India, recognized by the Ministry of Commerce, Government of India. He has also served as the Past President of the Jewellers Association of Bangalore, contributing significantly to the growth and development of the jewellery sector.