On January 17, 2024, PT Hartadinata Abadi Tbk (HRTA) entered into a partnership agreement with RKD Solutions (RKDS), a seasoned international trading company based in Hyderabad, India, operating since 1998. The collaboration focuses on the export of gold jewelry to India, spanning from January 17 to December 31, 2024. Sandra Sunanto, the CEO of HRTA, disclosed that RKDS has placed an order for 160 kilograms of gold jewelry per month, totaling 1.92 tons, to be fulfilled within the contract period. The estimated transaction value stands at USD 113.51 million or approximately IDR 1.77 trillion. Sandra emphasized that RKDS is the fourth significant export partner in HRTA's business journey, showcasing the trust in Hartadinata's international market reputation.

Rajesh Kolawar, the Managing Partner at RKDS, expressed commitment to supporting HRTA in expanding its export business. RKDS brings expertise in export-import activities across ASEAN countries, South Korea, Ghana, and Peru. Rajesh highlighted RKDS's pioneering role in exporting gold jewelry from Indonesia to India since 2014. He added that gold jewelry exports contribute added value to Indonesia's gold commodities, potentially boosting the country's revenue. With these strategic accomplishments, HRTA solidifies its position as the most integrated gold jewelry and bullion company, spanning from midstream to downstream, in Indonesia. The collaboration signifies a significant milestone in HRTA's journey, enhancing its standing in the gold industry and underlining its capabilities in catering to the entire spectrum of the gold market in Indonesia. The partnership with RKDS not only underscores HRTA's prowess in the global market but also exemplifies the potential for increased contributions to Indonesia's economic growth through gold exports.

Source: https://amp.kontan.co.id/news/hartadinata-abadi-hrta-memperluas-kanal-ekspor-ke-india