ORO, one of India’s leading machine made bangle manufacturer and a major player in the 22 carat and 18 carat bangle industry today launched a distinctive model of wholesale trading called the ORO Trading Club (OTC). The OTC is situated in a office at the heart of Mumbai’s jewellrey hub, Zaveri Bazaar. It will be the largest single point distribution for the wholesale market of gold and platinum bangles. %% The OTC is targeted at the wholesale market and not the end customer. It is expected to become the hub for many distributors and retailers who can now buy 18 carat and 22 carat gold as well as platinum bangles under one roof. The OTC will have over 1500 Sets of Bangles under one roof at any given time. Each of the bangles will be properly certified and 100% hallmarked. The OTC will also have a collection of over 950 platinum bangles, certified for the first time in India by PGI. %% ORO is owned by Raia Jewels Private Limited and is spearheaded by Avinash Pahuja and Ravish Pahuja as Directors. Explaining the concept behind ORO Trading Club (OTC) Avinash Pahuja, Director, ORO, shared, “The Gold industry in India is traditionally fragmented and unorganized. The OTC represents a step towards organizing this industry by creating a single point wholesale outlet that will lead towards creating unity amongst distributors. We expect OTC to generate a turnover of Rs 100 crores within a year. We also plan to open similar OTC’s in all metros.” %% “We also plan to be the first company to introduce the concept of online selling of live stock in all cities in India in the near future,” stated Ravish Pahuja, Director ORO, while highlighting the company’s future plans. %%