About Raymond
Raymond Limited operates as a textile, lifestyle and branded apparel company in India. The company has its network of operations in local and foreign market. The company sells its product through multiple channels, including wholesale, franchisee, retail, etc. During the year ended March 31, 2018, the company decided to develop part of its land for residential/commercial purposes. The company operates through Textile (branded fabric), Shirting (shirting fabric (B to B)), Apparel (branded readymade garments), Garmenting (garment manufacturing), Tools & Hardware, Auto Components, and Others (non-scheduled airline operations and real estate development) segments. The company offers wool and wool blended fabrics; cotton, linen and blended shirting fabrics; and polyester, viscose blended fabrics. The company also engages in the business of manufacturing and marketing denim fabrics and garments for both the domestic and international markets. The company manufactures steel files and cutting tools, and markets hands tools and power tools. It is the major manufacturer of steel files in the world with a domestic market share of ~65%. The company has a denim-wear facility offering denim garmenting solutions. The company manufactures files and rasps at its plant at Chiplun in Ratnagiri (Maharashtra). The company manufactures ring gears, flexplates and water-pump bearing. It is present in all segments of industries like automotive, industrial and powergen, agricultural and marine application. It has a relationships with domestic and international OEMs. This company manufactures fine cotton and linen shirting for both domestic and international customers. The company inaugurated its all new linen production facility in Amravati, Maharashtra. This facility has a manufacturing capacity of 4.8 million meters of linen and blended fabrics per annum. With the consumer preferences shifting towards natural fibres, the addition of this manufacturing facility is expected to improve this company’s ability to meet the rising market demand of the discerning Indian consumer. History Raymond Limited was founded in 1925.