Raymond Group
Encyclopedia
Incorporated in 1925, Raymond Group is one of India
India
India , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world...

's largest branded fabric and fashion retailers. It is one of the leading, integrated producers of worsted
Worsted
Worsted , is the name of a yarn, the cloth made from this yarn, and a yarn weight category. The name derives from the village of Worstead in the English county of Norfolk...

 suiting fabric in the world, with a capacity of producing 31 million meters of wool
Wool
Wool is the textile fiber obtained from sheep and certain other animals, including cashmere from goats, mohair from goats, qiviut from muskoxen, vicuña, alpaca, camel from animals in the camel family, and angora from rabbits....

 & 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
India
India , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world...

 and overseas, in over 200 cities.

In addition, the Group also has business interests in readymade garments, designer wear, cosmetics
Cosmetics
Cosmetics are substances used to enhance the appearance or odor of the human body. Cosmetics include skin-care creams, lotions, powders, perfumes, lipsticks, fingernail and toe nail polish, eye and facial makeup, towelettes, permanent waves, colored contact lenses, hair colors, hair sprays and...

 & toiletries, engineering files and tools, prophylactics and air charter operations.

History

Years ago, 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.

When Dr. Vijaypat Singhania
Vijaypat Singhania
Vijaypat Singhania is the chairman emeritus of the Raymond Group of clothing and textiles. and a former Sheriff of Mumbai, from 19 December 2005 to 18 December 2006....

 took over the reins of the company in 1980, he injected fresh vigour into Raymond, transforming it into a modern, industrial conglomerate.

Gautam Singhania
Gautam Singhania
Gautam Hari Singhania is an Indian businessman. He is the Chairman & Managing Director of the Raymond Group.-Biography:Gautam Singhania was born in an industrialist family, to Vijaypat Singhania and Ashabai Singhania....

, the present Chairman and Managing Director have been instrumental in restructuring the group.

Group Companies

Raymond Ltd.
Raymond Ltd. is among the largest integrated manufacturers of worsted fabrics in the world.


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.

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
Ansell Limited
Ansell Limited is an international manufacturer of protective and medical gloves and condoms. Ansell was founded in Australia in 1929 by by Eric Norman Ansell who was at the time a worker for Dunlop Pneumatic Tyre Company of Australasia. Originally Ansell was known as E. N. Ansell & Sons but...

, 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.

Recognitions

  • The Brand Trust Report
    The Brand Trust Report
    The Brand Trust Report, India Study, 2011 is published by Trust Research Advisory . The book is a result of a syndicated primary research on Brand Trust that generated 10,00,000 data points and 16,000 unique brands from over 10,000 hours of fieldwork conducted in 9 cities TRA’s study partners in...

    , published by Trust Research Advisory, has ranked Raymond at 20th position among the most trusted brands of India.

External links

The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
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