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Raymond Reviews

Mumbai, Maharashtra

4.0/ 5

1 review

Raymond Limited, incorporated in 1925, is a prominent and highly diversified Indian conglomerate with a rich century-long legacy. Headquartered in Mumbai, Maharashtra, the company has evolved from its origins as a small woolen mill near Thane Creek into a multi-vertical organization. Today, Raymond is recognized globally as a vertically and horizontally integrated manufacturer, maintaining a dominant leadership position in the worsted suiting and apparel sectors. The core operations of the group span across several distinct business segments, primarily centered on textiles, branded apparel, engineering, and real estate. In the textile and lifestyle arena, Raymond operates a comprehensive "fibre-to-fashion" model. It is celebrated as one of the world's largest producers of premium worsted suiting fabrics, with an annual manufacturing capacity of approximately 43 million meters. The company has historically pioneered textile innovations, becoming the first globally to produce the ultra-fine Super 250s fabric and high-performance anti-viral materials. Raymond's branded retail apparel portfolio is highly robust, housing some of India’s most recognizable menswear fashion brands, including Raymond Ready To Wear, Park Avenue, ColorPlus, Parx, and Ethnix by Raymond. This vertical caters to a wide spectrum of wardrobe choices, ranging from casual wear to high-end formal clothing and festive ethnic attire. Additionally, the premium 'Raymond Made To Measure' service offers tailored bespoke clothing solutions to connoisseurs. The retail footprint is massive, consisting of a distribution network with over 1,500 outlets, including more than 1,100 exclusive retail stores spread across 600 towns and cities in India, alongside an expanding overseas presence in over nine countries. Raymond also serves as a critical B2B garment manufacturer, supplying suits, jeans, and high-quality ring denim to prestigious international fashion labels globally. Beyond fashion, Raymond has successfully diversified into other high-growth industries. Its engineering division, which includes JK Files, manufactures precision tools and automotive components. In recent years, the group strategically expanded into real estate via Raymond Realty. Utilizing an asset-light Joint Development Agreement (JDA) model, Raymond Realty capitalizes on its expansive land bank in Thane within the Mumbai Metropolitan Region to construct mid-income and premium residential housing units. Publicly traded on both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE), Raymond Limited continues to show strong profit metrics. The company operates under the leadership of Chairman and Managing Director Gautam Hari Singhania and Chief Financial Officer Amit Aggarwal. In addition to commercial success, the group emphasizes social responsibility, driving community initiatives across cattle breeding, education, and formal tailoring training programs to empower individuals nationwide.