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September 11, 2024,7:05:18 PM

Raymond Group, a leading Indian textile and apparel company, has a successful story spanning over 95 years

By News Desk
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- _Founded in 1925_: Raymond was founded by Lala Kailashpat Singhania as a small wool mill in Thane, Maharashtra.





- _Innovative manufacturing_: Introduced new textile manufacturing technologies, making high-quality fabrics accessible.

- _Diversification_: Expanded product range to include suiting, shirting, denim, and ready-made garments.

- _Brand establishment_: Launched iconic brands like Raymond, Park Avenue, and Parx, becoming synonymous with quality and style.

- _Retail expansion_: Established a strong retail presence with over 1,000 stores across India and internationally.

- _Global recognition_: Received awards like the "World's Finest Suiting Fabric" and "Best Fashion Brand" at international forums.

- _Sustainability initiatives_: Implemented eco-friendly practices, reducing carbon footprint and water consumption.

- _Digital transformation_: Adopted digital technologies to enhance customer experience and streamline operations.

- _Family legacy_: Remained a family-run business, with generations of Singhania family members contributing to its growth.

Today, Raymond Group is a ₹6,500 crore (approximately USD 850 million) conglomerate, with a presence in over 55 countries, and a reputation for excellence in textiles and apparel.



Raymond Group offers a wide range of products across various categories, including:

1. _Fabrics_:
    - Wool and wool-blended fabrics
    - Cotton and cotton-blended fabrics
    - Linen and linen-blended fabrics
    - Denim fabrics
2. _Apparel_:
    - Men's formal wear (suits, jackets, trousers)
    - Men's casual wear (shirts, jeans, trousers)
    - Women's wear (dresses, tops, pants)
3. _Branded garments_:
    - Raymond Ready-to-Wear (formal and casual wear)
    - Park Avenue (premium formal wear)
    - Parx (casual wear)
    - ColorPlus (mid-segment formal wear)
4. _Textile products_:
    - Yarns
    - Threads
    - Linen fabrics
5. _Home textiles_:
    - Bedding and towels
    - Curtains and drapes
    - Table and kitchen linen
6. _Other products_:
    - Engineering files and tools (through its subsidiary, Ring Plus Aqua Ltd.)


Raymond Group has also expanded its portfolio through strategic acquisitions and partnerships, including:

1. _ColorPlus_ (mid-segment formal wear)
2. _Park Avenue_ (premium formal wear)
3. _Parx_ (casual wear)
4. _Ethnix_ (ethnic wear)
5. _Raymond Luxury Cottons_ (luxury cotton fabrics)


These products are available across various channels, including retail stores, online platforms, and wholesale markets.

Raymond Ltd. achieved a turnover of ₹8,337 crore in the financial year 2023, marking the company's highest-ever revenue ¹.

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