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.
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.
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