Raymond Limited: History, Profile, Products & Brands, Share / Stock Price
It is also the largest manufacturer of woolen textile in India. The business is a subsidiary of the worldwide conglomerate Raymond Group.
About Raymond: Raymond is the world’s largest integrated fabric firm, with headquarters in Mumbai, Maharashtra. It controls around 60% of the Indian suiting market. The corporation’s textile sector has a domestic distribution network of over 4,000 multi-brand outlets and 637 exclusive retail shops.
Suits are sold in over 400 Indian cities through 30,000 retailers, with a unique chain present in over 150 towns. It sells its products in over 55 countries, including the United States, Canada, Europe, Japan, and the Middle East.
It has over 20,000 suiting fabric styles and colours, making it one of the most extensive collections of designs and colours by a single company. In 2015, the Brand Trust Report named it India’s most trusted apparel brand.
Raymond History
Raymond was founded in 1925 and is a famous textile company in India. Raymond was the first to develop a poly-wool blend in India in 1959, resulting in the creation of the world’s best-suiting fabric, the Super 240s, produced from 11.6-micron of superfine wool.
It manufactures mixed wool and premium polyester viscose worsted suits. Additionally, the textile industry has expanded into engineering and aviation.
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Raymond is the largest steel file maker in the world, accounting for 30 percent of the market share.
The textile factory of Raymond is located in Thane, Vapi, and Chhindwara. These facilities have obtained numerous certifications, including ISO 9001 for quality management systems and ISO 14001 for environmental control systems.
In 2011, the company opened its 600th Raymond Shop. Raymond Premium Apparel surpassed the Rs. 1 billion mark in 2013. And the business announced the debut of its ‘Makers’ brand across India.
Products and Brands
Raymond is one of the world’s leading integrated manufacturers of worsted fabrics. Raymond Ltd. is the owner of some of the most prestigious apparel brands, including Raymond, Manzoni, Park Avenue, ColorPlus, Parx, Park Avenue, Be:, Zapp!, Notting Hill, and GAS. Raymond makes and sells products such as KamaSutra condoms and surgical gloves.
Services
The Raymond Group also has a significant retail presence. Raymond offers a wide range of products and services, including:
1. Complete textile solutions
2. Fabrics (Worsted, Denim and Shirting).
3. Apparel (Tailored Clothing, Jeanswear and Dress Shirts).
4. Brands (such as Raymonds, Manzoni, Park Avenue, ColorPlus, Parx, Be:, Zapp!, Notting Hill, and The Raymond Shop)
5. Outerwear made of wool.
6. Furnishings.
7. Retail (The Raymond Shop and Brand Store).
8. Engineering (Files, Cutting Wools, Hand Tools Agri Tools, and Auto Components).
9. Private Care (Park Avenue and Kamasutra).
10. Preventive (Kamasutra and Surgical Gloves).
11. International Trade.
12. Corporate Apparel.
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Businesses:
1. Textile
Under this category, it produces worsted, wool, and wool-blend fabrics. It has an annual production capacity of 33 million meters and offers approximately 20,000 designs and colours. The firm exports to more than 55 nations, including the United States, Canada, Europe, Japan, and the Middle East. It sells its products in over 400 cities and 30,000 outlets across India.
2. Engineering
JK Files & Tools, JK Talabot, and Ring Plus Aqua are its three engineering divisions. Steel files and tools are manufactured, as well as Starter Ring Gears, Flexplate Flywheel Assembly, Profile Sheet Formed Metal Pulleys, and Integral Shaft Water Pump Bearings. The Engineering Export Promotion Council of India and the Engineering Files Panel of India have continuously recognised the year-to-year export performance.
3. Aviation
In 1996, the company was one of the first corporations in India to introduce Air Charter Services. It possesses one Ecureuil AS355N Twin-Engine Helicopter, two Bell 206 L3 Long-Range Helicopters, and one Challenger CL–604 Business Jet.
Key Points:
- It is also the largest manufacturer of woolen textiles in India.
- It possesses one Ecureuil AS355N Twin-Engine Helicopter, two Bell 206 L3 Long-Range Helicopters, and one Challenger CL–604 Business Jet.
- The Engineering Export Promotion Council of India and the Engineering Files Panel.