Raymond is a diversified group with majority business interests in Textile & Apparel sectors and a presence across varying segments such as Consumer Care, Realty and Engineering in national and international markets. The company was first incorporated as the Raymond Woolen Mill in 1925 near Thane Creek. Lala Kailashpat Singhania took over The Raymond Woolen Mill in the year 1944. Ever since then they have been analogous with class, elegance and individuality which is evident in their men's fashion. In 2015, Raymond became the first textile company in the world to produce Super 250s and innovative fabrics.

Raymond with its years of expertise is a textile powerhouse with modern infrastructure and strong fibre-to-fabric manufacturing capabilities. Along with being reputed, it is the fastest-growing fashion fabric brand. Raymond offers an exquisite range of shirting and suiting fabrics across a plethora of options such as Worsted fabrics, Cotton, Wool blends, Linen and Denim. The ethnic culture, exquisite clothing and the comfort of couture in each of its brands - Park Avenue, Raymond Ready To Wear, ColorPlus and Parx Ethnix have proven beneficial and created a desirous space in people lives. With the central theme of ‘Go Beyond’, the conglomerate has undertaken the project to build quality housing for all by introducing Raymond Realty and Home. Raymond is the largest integrated textile company in the world and exports its suits to many countries including the USA, Canada, Europe, Japan and the Middle East.

With effect from June 30, 2024, the lifestyle business which was operated through the company and its subsidiaries, is demerged and transferred to Raymond Lifestyle Limited which would foucs specifically on the lifestyle business. The company also demerged its business of real estate constructions/ real estate development effective April 30, 2025 (with an appointed date of April 1, 2025). This business, operated through the company and its subsidiaries, transferred to Raymond Realty Limited. Following this, Raymond will focus on strengthening its engineering division through two specialized subsidiaries. One will be dedicated to defence and aerospace, while the other will focus on auto components, electric vehicles, and engineering consumables. Also, the company continue to carry out business of non-scheduled airline operations.

The company’s Engineering Business represents its transformation into a capability-driven manufacturing platform. Anchored in the roots of quality and precision, the company serves critical industries such as automotive, industrial systems, aerospace, and defence. From precision files, drills, and tools used across infrastructure and metalworking, to custom-engineered products for high-value industrial applications, its tools business continues to evolve with changing sectoral needs. Together with, the company also focus on delivering precision-engineered parts such as ring gears, flexplates and water pump bearings to some of the world’s leading OEMs and Tier 1 suppliers.

Business area of the company

Raymond is primarily concentrating on its Engineering (Tools & Hardware, Auto Components, Precision) in addition to nonscheduled airline operations. In Engineering, the company is scaling its presence across some of India’s most promising sectors, including automotive, electric mobility, and sunrise sectors such as aerospace and defence. Alongside, the company also focus on delivering precision-engineered parts such as ring gears, flexplates and water pump bearings to some of the world’s leading OEMs and Tier 1 suppliers. These products support a wide range of applications - from passenger and commercial vehicles to power generation and clean mobility. With a strong global presence and deep technical capability, the company’s engineering businesses are aligned with the future of high-performance manufacturing.

Awards and Accolades

2015-16

• Raymond Apparel Limited’s RTW (Ready to Wear) Indiranagar Store won the award for “Innovative Retail Concept of the Year” by Asia Retail Congress
• Raymond Ltd was ranked as the #1 Textile Company by the Business world magazine and ranked #23 amongst the most respected companies in India (January 11, 2016, edition)
• Raymond Luxury Cottons Limited won the Annual Greentech Safety Management Award 2015 in Gold Category as an outstanding achiever in the area of Safety in the Textile Sector
• Silver Spark Apparel Limited won the award for “Best Companies to Work For 2015” Award by the Economic Times and the Great Place to Work for the second consecutive year in a row

2016-17

• Raymond’s Vapi textile plant was awarded the Greentech Safety Award for third consecutive year in 2016
• Silver Spark Apparel Ltd (SSAL) won the ‘Gold Certificate of Merit’ at Frost & Sullivan Indian Manufacturing Excellence Awards, 2016
• SSAL secured the third position at APEC Export Awards 2015-16 in the highest global exports category
• Raymond bagged Most Trusted Brand Award in Clothes & Apparel Category for 2016 by Business World.
• Raymond was recognised as ‘Most Admired Men’s Apparel Brand’ (Retail Category) at GLOBE Platinum Awards 2016.

2017-18

• Raymond Limited was ranked 3 in the Apparel and Fashion Category for afaqs! India’s Most Buzziest Brands, 2017.
• Raymond Limited won ET Now India Awards for Best Retail Company and Retailer of the year for The Raymond Shop.
• Raymond Limited, Raymond Apparel Limited and Raymond Luxury Cottons Limited have emerged as the certified ‘Great Places to Work’ organisations in India.
• Raymond Limited Store in Jekegram was honoured with the prestigious IMAGES Most Admired Retailer of the Year and Most Admired Design Concept of the Year Award.
• Raymond Lifestyle won ‘Companies with Great Managers Award’ by People Business and Economic Times.
• Raymond Textile division won CII Awards - Supply Chain and Logistic Excellence Award in retail category.
• The Vapi Textile Unit won Gold at Chapter Convention on Quality Circle 2017 by Quality Circle Forum India
• Raymond Apparel Limited was awarded as “Most Admired Clothing Company of the Year” by Clothing
  Manufacturing Association of India Apex Awards.
• Silver Spark Apparel Limited won the award by Apparel Export Promotion Council for Highest Global Exports FY17 and Highest Exports in Woollen Garments.

2018-19

• Raymond Limited’s Annual report was awarded as Top 80 Annual reports in Asia Pacific at LACP International awards and has also won other six awards.
• Raymond Limited was awarded - Marketing Campaign of the Year at Indian Retail Awards 2018.
• Raymond Limited was awarded - Most Admired BrandMarketing & Promotion at India Fashion Forum.
• Raymond Khadi won ‘Best Window Display Products & Collection’ at Global Awards for Retail Excellence.
• The Chhindwara Textile unit won National Energy Management Award by Society of Energy Engineers & Managers (SEEM).
• The Vapi Textile unit won Gold Award for Environment Management awarded by GreenTech Foundation.
• The Vapi Textile unit won “Grow Care India Environment Awards 2018” - Gold category.
• The Jalgaon Textile unit won Greentech Safety Gold Award.
• Silver Spark Apparel Limited won the award of Best Manufacturer Exporter awarded by Federation of Karnataka Chambers of Commerce & Industry.
• Raymond Apparel Limited won the ‘Best Marketing Campaign of the year’ award for its “ParxHunt” initiative by Times Network as National award.

2019-20

• Ethnix wins award for most admired fashion design concept & excellence
• Raymond Represents India, wins 2nd prize in World Tailoring event
• National Awards for Marketing Excellence at BTVI: Sustainouva won in ‘Best Product Launch of Eco
  Friendly Fabric’
• Raymond awarded “Best Product Manufacturer and Distributor” at the Professional Clothing Association Industry Worldwide Summit, London
• Chhindwara Plant: Excellence in Quality Management & Leadership at Global Awards 2019
• Vapi Plant: Global Recycle Standard (GRS) certification
• Raymond is Winner of “Business Transformation through Technology” in ZEE Dare to Dream Awards
• JK Files - Leading Emerging Indian Company of the Year Award

2020-21

• Vapi plant: Green Business Award from Federation of Gujarat Industries and Apex India Green Leaf Award for Energy Efficiency.
• Jalgaon plant: Energy Management Insight Award -2020, organised by CEM Energy Management Working Group, California (USA)
• RLCL Kolhapur: 1st in Excellence in Energy Conservation and Management from MEDA
• RLCL Amravati: Global Organic Textile standard certification, Organic Content Standard certification, OEKO-TEX certification for STANDARD 100 & Certificate of Conformity of European Flax by Bureau of Veritas
• Denim plant: 1st prize in Energy Efficiency & Management Award from MEDA (Maharashtra Energy Development Authority)

2021-22

• HSE Award 2020-21 - National Safety Council MP Chapter – for Chhindwara plant
• “PLATINUM Award” for the excellent work done in safety – for Chhindwara plant
• Safety award 2021 – By Greentech foundation – for Amravati plant
• Environment 2021 – By Greentech foundation – for Amravati plant
• Energy Efficiency award 2020 – By M/S Apex foundation – for Amravati plant
• Won National Safety Award for best performance based on lowest average frequency rate for year 2018 awarded in FY 2021-22. – Denim Plant
• Won National Safety Council-Maharashtra Chapter safety award for achieving lowest accident frequency rate as well as achieving longest accident free period for year 2019 awarded in FY 2021-22. – Denim Plant

2022-23

• Energy Management Insight Award, 2022 – for Vapi plant
• 2nd prize - 16th State Level MEDA award for energy Conservation for Kolhapur plant
• Award from Quality Circle of India – Received 3 Gold and 1 Silver to Kolhapur plant.
• Won National Safety Award (Suraksha Puraskar )- 2022 Bronze Trophy – Govt. of India, Ministry of Labor and Employment – for denim plant
• Won National Safety Council – Maharashtra Chapter , Safety Award for 2021 with “ Won National Safety Council – Maharashtra Chapter , Safety Award for 2021, awarded in FY 23” – for denim plant
• Won National Excellence Energy Management award -2022 awarded by Confederation of Indian Industry in effective energy management – for denim plant
• Sustainable Company Awards in product innovation of the year awarded by Environmental Finance- A Global Platform in 2022 – for denim plant
• Won MEDA 17th Energy efficiency and Management Award-Third Prize for FY 2021-22 awarded in 2022 by Maharashtra Energy Development Authority (MEDA) – for denim plant

2023-24

Realty Business:

• Iconic Residential Developer of the Year & Iconic Marketed Project for the Year – The Address By GS.
• Emerging Developer of the Year (National) at The Economic Times Real Estate Awards 2024.
• Big Impact Awards 2024 - Ultra Luxury Project of the Year from Big FM- Invictus by GS Project.
• Design Innovation and Operational Excellence Award for Residential Projects at the Society Interiors Design Competition & Awards 2024.
• Iconic Marketed Project and Iconic Project of the Year at Times Real Estate Conclave Awards 2024- The Address by GS, Bandra Project.
• Best Organization for Women 2024 by ET Now.
• FSBI recognizes Ten X Habitat project for leading in construction safety with passive fire products.

Lifestyle Business:

• Most admired marketing campaign of the year by 22nd Annual Images Fashion Awards.
• Most admired launch of the year, Flagship store, by 22nd Annual Images Fashion Awards.
• Images most admired retailers of the year, Innovation in visual Merchandising by Images Retail Awards 2023.
• India’s Retail Champions 2024 award in the Apparel and Lifestyle category by Retail Association of India.
• TRRAIN Retail Award 2024 - PWD Category by Retail Association of India.
• Emerging Retail Brand of the Year by Economic Times Great India Awards Forum.
• Outstanding contribution to the Retail Industry by Retail CFO Summit, RAI.
• Best Green Factory by Apparel Sourcing Week 2023.
• Best Plant Safety Award by 53rd National Security Award.
• India’s Most Agile HR Leaders by Sapphire Connect.
• Employee Excellence Award 2023 by the Economic Times.
• Best Practices in Diversity and Inclusion by 3rd CHRO Confex & Awards 2024.
• HR Excellence in L&D by 3rd CHRO Confex & Awards 2024.
• Most Influential Marketing Leader by BW Business world.
• Retail Marketing Campaign of the Year – Offline by Global Awards for Retail Excellence by Retail & Shopping Centre Congress and Awards 21st edition.
• Best Marketing & Branding Campaign at 7th Edition Future of Retail, Distribution & E-commerce Summit & Awards 2024, by UBS Forums.
• Women Retail Icon of the Year by UBS Forums Pvt. Ltd.
• Button Hole Award by 39th World Federation of Master in Biella, Italy.
• Appreciation Award in Nurture Quality Concepts for a better future by 37th National Convention on Quality Concept.
• Excellent Award by 37th National Convention on Quality Concept.

Engineering Business:

• “Most Innovative Product Award” at International Hardware Fair India 2023 for the Product: Wood Carving Disc.
• Award at the 52nd edition for FY 2020 by Star Awards for Hand tools, Large Enterprise received in November 2023.
• Award at the 53rd edition for FY 2021 by Star Awards for Hand tools, Large Enterprise received in November 2023.

• Raymond Realty’s TenX Habitat Project has won 2nd prize in the High Rise Structure category at the ACI Excellence in Concrete Construction Awards 2024.
• Developer of The Year at the 16th Realty + Conclave & Excellence Awards 2024 (West).
• Raymond Realty - Women Brigade was awarded Excellence in innovation & inclusion by Mid-Day Real Estate & Infrastructure Icons 2024.
• Iconic Residential Developer of the Year & Iconic Marketed Project for the Year – The Address By GS by Times Real Estate Conclave.
• FSBI recognizes Raymond Realty’s TenX Habitat for leading in construction safety with passive fire products.
• Emerging Developer of the Year (National) at The Economic Times Real Estate Awards 2024.
• Big Impact Awards 2024 - Ultra Luxury Project of the Year from Big FM for project Invictus by GS.
• Design Innovation and Operational Excellence Award for Residential Projects at the Society Interiors Design Competition & Awards 2024.
• Iconic Marketed Project and Iconic Project of the Year at Times Real Estate Conclave Awards 2024.
• Honoured to be acknowledged by ET Now as one of the Best Organization for Women 2024.
• Raymond Realty: Achieves the Fastest- Growing Realty Brand in India.

Milestones

• 1925: A small woolen mill named as Raymond Woollen Mill was set up in Thane.
• 1944: When Lala Kailashpat Singhania took over Raymond in 1944, the mill was used to manufacture coarse woollen blankets and modest quantities of low-priced woolen fabrics. Soon Raymond embarked upon a gradual phase of adapting new technology innovations which led to the production of superior quality fabrics.
• 1950: Post-independence, in a quest to become self-reliant, production commenced at the company’s new manufacturing unit JK Files in 1950. The unit manufactured indigenous engineering files.
• 1952: Gopalkrishna Singhania arrived to assist his uncle Lala Kailashpat Singhania at the Raymond Mills in Mumbai.
• 1958: Raymond became the first company to blend polyester with wool and introduced Terool - a runaway success that was the forerunner in the series of superfine fabric blends that was launched later.
• 1958:  Raymond forayed into retail sector by opening the first exclusive retail showroom in King’s Corner - Ballard Estate in Mumbai.
• 1960: Earmarked total replacement of machinery with sophisticated machinery and since then modernization has become a way of life at Raymond. Raymond was the first in the country to import most modern machinery which was ever available in the world at that time.
• 1967: the company launched Trovine - a first of its kind cool and comfortable fabric ideal for Indian summers.
• 1968: Set up of a readymade garments plant in Thane.
• 1979: New manufacturing facility was set up at Jalgaon, to meet the increasing demand for worsted woollen fabrics.
• 1980: Dr Vijaypat Singhania, the son of Lala Kailashpat Singhania took over the reins as the Chairman of Raymond. An AMP Alumnus from Harvard and a high flier in spirit and deed, it was under his leadership that the group forayed into several new areas such as polyester filament yarn, indigo denim, cold rolled steel, prophylactics and charter air services
• 1984: A new plant was set up in 1984, that enabled Raymond’s to upgrade the quality of its traditional product line of woollen blankets and produce a superior variety of shawls and blankets. Raymond was the pioneer in the development of machine washable wool and wool blended suiting with a variety of finishes to offer total easy care and stain proof fabric.
• 1986: Launched Park Avenue provides stylish and innovative wardrobe solutions to well-dressed gentlemen. As India's premium lifestyle brand, its designs embody the latest in international fabric, styling, colour and fashion trends.
• 1990: The first showroom abroad for Raymond in Oman in 1990.
• 1991: The company launched KamaSutra India’s premium condom brand. Within a year of the launch KamaSutra became the second largest condom selling brand in India
• 1995: The company introduced a range of superfine pure wool collection under the lineage line (Super 100S to Super 140S).
• 1996: Also, the group forayed into the aviation sector in 1996 with the launch of Raymond Aviation. Raymond Aviation provides air charter services to corporate travellers in India.
• 1996: The company also forayed into manufacturing Denim; focusing on quality, innovation and the creation of exclusive products & designs that have always caught the eye of some of the world's leading jeanswear brands as well as making it amongst the top producers of specialty ring denim in India with a 60% market share.
• 1999: Parx a premium casual wear brand was launched to offer customers a range of semi- formal and casual clothes.
• 2000: Mr. Gautam Singhania was appointed Chairman and Managing Director of Raymond Limited in the year 2000.
• 2002: The year 2002 witnessed the acquisition of ColorPlus
• 2003: Silver Spark Apparel Limited was set up in 2003 for manufacturing suits and formal trousers catering largely to export markets.
• 2005: In 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.
• 2006: A Greenfield unit was set up in Kolhapur in 2006 to produce high value cotton shirting.
• 2006: World’s largest integrated composite Textile mill was set up Vapi in 2006 to produce finest quality worsted fabric
• 2008: The year 2008 witnessed the launch of Readymade garments under the Raymond brand name now known as Raymond Ready to Wear.
• 2011: In 2011, Raymond is the first textile company in the world to produce the Super 250s fabric. and the first in India to produce innovative fabrics from bamboo fibre, stain resistant and UV resistant fabrics and many such innovations.
• 2014: In 2014, opened the first EBO for Raymond Ready to Wear
• 2016: Launched Technosmart- Smartest fabric in the World
• 2016: Setting up a new regional office in Dubai, Middle East
• 2016: Laid the foundation Stone for setting up a greenfield Textile manufacturing Plant in Amravati
• 2016: Construction begins for greenfield manufacturing/garmenting facility in Ethiopia
• 2017: Garmenting Plant commissioned at Hawassa in Ethiopia
• 2017: A new office established in New York, USA
• 2019: Diversified into real estate with the launch of Raymond Realty. This marked a bold extension of its legacy of precision and reliability.
• 2019: Launched 1st Project Ten X Habitat in Thane.
• 2020: Raymond’s wholly owned subsidiary -- Silver Spark Apparel (SSAL) has entered into a ‘Share Transfer Agreement’ for divestment of its entire stake in Dress Master Apparel (DMAPL), wholly owned subsidiary of SSAL.
• 2021: Launched 2nd Project The Address by GS
• 2023: Launched 3rd Project Ten X Era
• 2023: Launched The Address by GS Season 2
• 2023: Reshaped its business landscape by divesting the FMCG segment to sharpen its focus.
• 2024: Acquired a majority stake in Maini Precision Products, significantly strengthening its engineering portfolio with high-precision, high-value components.
• 2024: Demerged Lifestyle business, streamlining operations to prioritise engineering and real estate.
• 2024: Raymond Realty, in parallel, expanded beyond Thane with the launch of a premium project in Bandra through an asset-light JDA model.
• 2024: Launched Park Avenue
• 2025: Raymond Realty was successfully demerged with effect from April 30, 2025.