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KES SHROFF COLLEGE OF ARTS AND COMMERCE

Project on RAYMOND COMPANIES T.Y. (BANKING AND INSURANCE) GROUP NO. 5 CONSULT FACULTY- VANITHA MISS

PROJECT ON

HISTORY OF RAYMOND

Singhania family Setting up a small woolen mill in the area around Thane creek, 40 kms away from Bombay. Renamed it as The Raymond Woolen Mill Around the same time, the Singhanias aimed to broaden Under his able stewardship, Raymond embarked upon a gradual phase of technological up gradation and modernization; producing woolen Fabrics of a far superior quality. Under Mr. Gopalakrishna Singhania, the mill became a world-class factory and the Raymond brand became synonymous with fine quality woolen Fabrics

Today, with a 31 million-meter capacity in wool & wool-blended fabrics, Raymond commands an over 60% market share in worsted suiting in India and ranks amongst the first three fully integrated manufacturers of worsted suiting in the world. We are perhaps the only company in the world to have a diverse product range of nearly 20,000 design and colours of suiting fabric to suit every age, occasion and style. We export these to over 50 countries, including USA, Canada, Europe, Japan and the Middle East

COMPANY PROFILE

The Raymond Group was incorporated in 1925 Today, the Raymond group is vertically and horizontally integrated to provide our customers total textile solutions Few companies across the globe have such a diverse product range of nearly 12,000 varieties of worsted suiting to cater to customers across age groups, occasions and styles.

RAYMOND manufacture for the world, the finest fabrics- from wool to wool-blended worsted suiting to specialty ring denims as well as high value shirting one of the largest players in fabrics, designer wear, denim, cosmetics & toiletries, engineering files & tools, prophylactics and air charter services in national and international markets.

DIFFERENT BRANDS

A 100% subsidiary of Raymond Limited, Raymond Apparel Ltd. (RAL) ranks amongst India's largest and most respected apparel companies the best of fabric and style through some of the country's most prestigious brandsRaymond, Manzoni, Park Avenue, Color Plus, Parx, Be:, Zapp! And Notting Hill The company's Design Studio in Thane is well-equipped with state-of-the-art facilities, which stimulate and nurture the creative energies of the Design Team.

A Design Studio has also been set up in Italy recently, which has further enhanced our reputation in providing cutting edge design solutions of an international standard All our brands are available at exclusive brand stores, The Raymond Shop retail outlets and multi-brand outlets across India and the Middle East.

GROUP COMPANIES OF RAYMONDS

Raymond Ltd. Raymond Apparel Ltd. ColorPlus Fashions Ltd. Silver Spark Apparel Ltd EverBlue Apparel Ltd. Celebrations Apparel Ltd.

COMPETITORS
The main competitors of Raymond peter England raid & Taylor Cambridge siyarams vimal

Current activities of Raymond

Currently Mr Gautam Hari Singhania is the Chairman and Managing Director of the Company. The promoters have about 35 percent of the equity holding in the company, while institutional investors have approximately 40 percent and individuals hold about 20 percent of the equity. 31 million-meter capacity in wool & woolblended fabrics. Raymond commands an over 60% market share in worsted suiting in India and ranks amongst the first three fully integrated manufacturers of worsted suiting in the world.

Only company in the world to have a diverse product range of nearly 20,000 design and colours of suiting fabric to suit every age, occasion and style. Export over 50 countries, including USA, Canada, Europe, Japan and the Middle East. The best of fabric and style through some of the country's most prestigious brandsManzoni, Park Avenue, ColorPlus, Parx, Be: and Zapp! and Notting Hill.

CONCLUSION

A leader in the premium fabric market Premium garments to provide avenues for growth INVESTORS can hold the stock of Raymond. the company's long-term growth prospects remain unaffected. The company continues to enjoy a leadership position in the worsted fabric market. It has also gained a dominant presence in the domestic market for high-end garments. Having made inroads in the export market, Raymond is better placed to cater to the demand from such markets.

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