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|Type||Public company (BSE: 500330)|
|Industry||Textiles, Engineering and Aviation|
|Key people||Gautam Singhania – Chairman & managing director|
|Products||fabrics, garments, designer wear, denim, cosmetics & toiletries, engineering files & tools, prophylactics and air charter services|
|Revenue||13.39 billion (US$200 million) (2010)|
Incorporated in 1925, Raymond Group is one of India's largest branded fabric and fashion retailers. It is one of the leading, integrated producers of 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, Park Avenue, Park Avenue Woman ColorPlus & Parx. All the brands are retailed through 'The Raymond Shop' (TRS) – One of the largest network of over 700 retail shops spread across India and overseas, in over 200 cities.
1925 - Setup of The Raymond Woollen mill in the area around Thane creek. 1944: Lala Kailashpat Singhania took over The Raymond Woollen Mill. The mill was primarily making cheap and coarse woollen blankets, and modest quantities of low priced woollen fabrics. 1950 - Setup of a new manufacturing activity for making indigenous engineering files known as JK Files & Tools. This has now become the largest facility of its kind in the world. 1958 - The first exclusive Raymond Retail showroom, King's Corner, was opened in 1958 at Ballard Estate in Bombay. 1964 - Setup of a new Combing Division. This was followed by a phase of vertical integration, facilitating in the processing of multi-fibres and technology improvements to make blended fabrics. 1968 - Raymond setup a readymade garments plant at Thane. The readymade garments division of Raymond has since then grown rapidly. Raymond has now become the leader among readymade's, in India, achieving a business turnover of over Rs. 2000 million. 1979 - A new manufacturing facility was set up at Jalgaon, to meet the increasing demand for worsted woollen fabrics. 1980: Dr. Vijaypat Singhania took over the reins of the company. He injected fresh vigour into Raymond, transforming it into a modern, industrial conglomerate. 1986 - Launch of "Park Avenue", the premium lifestyle brand providing a complete wardrobe solution to the men who like to dress well & be current on styles & fashion. 1990 - The first showroom abroad for Raymond in Oman. 1991 - A new manufacturing facility was set up at Chhindwara, near Nagpur. 1995: Superfine pure wool collection under the Lineage Line (Super 100S to Super 140S). 1996: The Renaissance Collection made of Merino wool blended with polyester and specialty fibres (Super 100S to Super 140S). 1996: Raymond's denim; focusing on quality, innovation and the creation of exclusive products that have always caught the eye of some of the world's leading denimwear brands. Its designs have always kept pace with the changing styles and cuts found in every youngster's closet. With a 40 million meters capacity, Raymond today ranks amongst the top 2 producers of ring denim in India 1999: The Chairman's Collection of Super 150S made from Merino Wool and Cashmere followed by Super 160S to Super 190S. 1999: Launch of "Parx", a premium casual wear brand bringing customers a range of semi-formal and casual clothes. 2000: Mr. Gautam Hari Singhania is appointed Chairman and Managing Director of Raymond Limited. 2000: Launch of "Be:", exclusive prêt line of ready-to-wear designer clothing for men and women. 2002: Acquisition of ColorPlus. 2003: Setup of 'Silver Spark Apparel Ltd.' for manufacturing suits and formal trousers catering largely to export markets. 2004: Super 220S fabrics under the Chairman's Collection. 2005: Setup of state-of-the art jeanswear facility 'Everblue Apparel Ltd.' near Bangalore. 2005: Setup of state-of-the art facility 'Celebrations Apparel Ltd.' for the manufacturing of formal shirts. 2005: Raymond achieved a rare feat and a historical milestone with the creation of the world's finest worsted-suiting fabrics from the finest wool ever produced in the world- The Super 230s made up of 11.8 micron of wool. 2005: Launch of 'Expressions' an exquisite collection of all wool and polywool suiting specially crafted using exotic fibres like Cashmere, Angora, Mohair, Bamboo, Casein. 2006 Set of Raymond's third worsted unit at Vapi in Gujarat. Raymond now has 3 state of the art units with a combined capacity of 31 million meters of worsted fabric. 2006 Launch of design studio in Italy for cutting edge design capabilities for exports and domestic brands. 2006: Set up of world class carded woollen unit, Raymond Fedora Ltd, in Jalgaon. 2006 Set up of greenfield shirting unit at Kolhapur producing high value cotton shirting. This facility is set up as part of the company's JV with Gruppo Zambaiti. 2006 Set up of J.K. Talabot Ltd - JV with MOB, France for the manufacturing of files and rasps. 2006 Launch of Zapp! our kidswear brand with first store in Ahmedabad. 2007 Entered into Joint Venture to retail premium brand ‘GAS’ in India. 2007 Launch of new brands for women’s wear. 2008 Launch of 'Raymond Finely Crafted Garments' – readymade apparel under Raymond brand. 2008 Launch of 'Neckties & More' - New format store for accessories. 2008 Launch of 'Neckties & More' - New format store for accessories. 2009 Vapi Phase II commenced commercial production. 2009 Super 240s fabric launched – a world record. 2011 launch of 'Makers' brand in the value for money fabric segment. 2011 600th The Raymond Shop outlet opened. 2012 Relocation of Thane plant to Jalgaon and Vapi. 2013 Raymond Premium Apparel crossed Rs. 1 bn mark. 2013 Pan-India launch of ‘Makers’ brand.
Copyright © 2012 Raymond Limited | Terms & Conditions
- Raymond Ltd.
- Raymond Ltd. is among the largest integrated manufacturers of fabrics in the world.
- Raymond Apparel Ltd.
- Raymond Apparel Ltd. has in its folio some of the apparel brands in India – Raymond Premium Apparel,Park Avenue, Parx.
- 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.
- 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. Talabot Ltd.
- A joint venture with MOB Outillage S.A. of France, for manufacturing files and rasps.
- The Brand Trust Report, published by Trust Research Advisory, has ranked Raymond at 20th position among the most trusted brands of India.
- "BSE Plus". Bseindia.com. Retrieved 6 January 2011.
- "Park Avenue Woman's Online Catalog". Retrieved 4 November 2012.
- "ColorPlusOnline.com – Online Shopping and Retail Store". Retrieved 8 September 2013.