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Raymond to invest Rs 350 cr in expansion this year

The Raymond, textile major, plans investment of Rs 350 crore in capacity and retail expansion this year. Of which Rs 200 crore will be allocated to manufacturing expansion, both in India and offshore, while Rs 150 crore will go towards retail expansion, Sanjay Behl, CEO, Raymond said. The company will be setting up a large […]

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May 29, 2017
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Apparel and Textile News Apparel Brands and Companies

Indian Apparel SME sector to get Tukatech’s help

Fashion technology solutions provider, Tukatech is mulling over expanding its market share in India’s apparel industry. “Having served to almost all hi-end international and national brands, our focus is now to bring the technology to the small and medium apparel industry,” founder and CEO, Ram Sareen said. The company wants to empower the SME sector […]

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April 24, 2017
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Apparel and Textile News Apparel Brands and Companies

Focus on Branded Business to Scale up Raymond

The Raymond Group, owner of leading brands such as Raymond, Park Avenue, Parx and Color Plus, is looking to aggressively scale up its branded business with focus on a franchisee-led, asset-light model. “We will certainly grow at over 20 per cent in our branded apparel business and will reach the double-digit EBIDTA margin in the […]

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February 24, 2017
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660 Views

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Raymond to invest Rs 350 cr in expansion this year

Indian Apparel SME sector to get Tukatech’s help

Focus on Branded Business to Scale up Raymond