Raymond Ltd

Summary

Raymond Limited, the largest integrated manufacturer of worsted fabric in the world is a leading Indian lifestyle, textile and branded apparel company, with interests in engineering such as files, power tools, auto-components), FMCG and realty. The Company was incorporated as the Raymond Woolen mill during the year 1925 in the area around Thane creek. The Company has its corporate headquarters at Mumbai. The company comprises in three business divisions, such as Textiles, Engineering and Aviation. Textile division of the company has a distribution network of more than 4,000 multi-brand outlets and over 400 exclusive retail shops in the domestic market itself. Suitings are available in India in over 400 towns through 30,000 retailers and an exclusive chain is present in over 150 cities across India and overseas especially the products exports to over 55 countries including USA, Canada, Europe, Japan and the Middle East. The group has three engineering divisions, J.K. Files & Tools, J.K. Talabot Ltd. to cater to national and international markets and a controlling interest in Ring Plus Aqua Ltd engaged in the manufacture of auto components. Raymond Ltd. is one of the first Corporate Houses in India to launch Air Charter Services in India and since then it has been always a way ahead for Raymond Aviation under the name of Million Air and have a fleet of 3 helicopters and 1 executive jet for the busy corporate executive. Lala Juggilal, Lala Kailashpat Singhania took over The... Read More