Raymond Group
 |
This article needs additional citations for verification. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed. (January 2011) |
 |
|
| Type | Public (BSE: 500330) |
|---|---|
| Industry | Textiles, Engineering and Aviation |
| Founded | 1925 |
| Headquarters | Mumbai, India |
| Key people | Gautam Singhania - Chairman & Managing Director[1][2] |
| Products | fabrics, garments, designer wear, denim, cosmetics & toiletries, engineering files & tools, prophylactics and air charter services |
| Revenue |  1,339 crore (US$294.58 million) (2010) |
| Website | www.raymond.in |
Incorporated in 1925, Raymond Group (BSE: 500330) is one of India's largest branded fabric and fashion retailers. It is one of the leading, integrated producers of worsted suiting fabric in the world, with a capacity of producing 31 million meters of wool & wool-blended fabrics.
The Group owns apparel brands like Raymond, Raymond Premium Apparel, Manzoni, Park Avenue, ColorPlus, Parx & Notting Hill. All the brands are retailed through ‘The Raymond Shop’ (TRS) - One of the largest network of over 550 retail shops spread across India and overseas, in over 200 cities.
In addition, the Group also has business interests in readymade garments, designer wear, cosmetics & toiletries, engineering files and tools, prophylactics and air charter operations.
Contents |
[edit] History
 |
This Section appears to be written like an advertisement. Please help improve it by rewriting promotional content from a neutral point of view and removing any inappropriate external links. (November 2011) |
Years ago[when?], when the Singhania family was building, consolidating and expanding its various businesses in Kanpur (India), one Mr. Wadia was in a similar manner setting up a small woollen mill in the area around Thane creek, 40 km away from Bombay (now Mumbai), India. The Sassoons, a well-known industrialist family of Bombay (Now Mumbai), soon acquired this mill and renamed it as The Raymond Woollen Mills.
acquisition of The Raymond Woollen Mills in the year 1925.
When the grandson of Lala Juggilal, Lala Kailashpat Singhania took over Raymond in 1944, the mill primarily made cheap and coarse woollen blankets, and modest quantities of low priced woollen Fabrics. The vision and foresight of Mr. Kailashpat Singhania greatly helped in establishing the J.K. Group's presence in the western region. Under his able stewardship, Raymond embarked upon a gradual phase of technological upgradation and modernization.[citation needed]
When Dr. Vijaypat Singhania took over the reins of the company in 1980, he injected fresh vigour into Raymond, transforming it into a modern, industrial conglomerate.[citation needed]
Gautam Singhania, the present Chairman and Managing Director have been instrumental in restructuring the group.[citation needed]
[edit] Group Companies
- Raymond Ltd.
- Raymond Ltd. is among the largest integrated manufacturers of worsted fabrics in the world.[citation needed]
- Raymond Apparel Ltd.
- Raymond Apparel Ltd. has in its folio some of the apparel brands in India – Raymond Premium Apparel, Manzoni, Park Avenue, Parx & Notting Hill.
- ColorPlus Fashions Ltd.
- ColorPlus is among the smart casual brand in the premium category in India.
- Silver Spark Apparel Ltd.
- A garmenting facility in India that manufactures formal suits, trousers and jackets.
- EverBlue Apparel Ltd.
- A denim garmenting facility in Dodaballapur near Bangalore (India).
- J.K. Helene Curtis Ltd.
- A player in the grooming, accessories and toiletries category.
- JK Files (India) Limited.
- A player in the Engineering Files & Tools segment and the largest producer of steel files in the world.[citation needed]
[edit] Joint Ventures
- Raymond UCO Denim Pvt. Ltd.
- A 50:50 Joint Venture with European denim major, UCO NV, Raymond UCO Denim Pvt. Ltd. engaged in the business of manufacturing and marketing of denim fabrics.
- Raymond Zambaiti Pvt. Ltd.
- A joint venture with the Cotonificio Honegger S.P.A., (part of Gruppo Zambaiti), Raymond Zambaiti Ltd. produces cotton shirting fabrics.
- J.K. Ansell Ltd.
- A joint venture with Ansell International, engaged in the business of manufacturing and marketing 'KamaSutra' condoms.
- J.K. Talabot Ltd.
- A joint venture with MOB Outillage S.A. of France, for manufacturing files and rasps.
[edit] Recognitions
- The Brand Trust Report, published by Trust Research Advisory, has ranked Raymond at 20th position among the most trusted brands of India.
[edit] External links
- About Raymond Group Companies and Joint Ventures
- Raymond Limited
- Raymond Brand Portfolio
- Raymond History
- JK Files (India) Ltd.
