Apparel and Textile News Apparel Brands and Companies

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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Raymond Partners with KVIC to Introduce New Clothing Line

Indian branded fabric and apparel major, Raymond has partnered Khadi and Village Industries Commission (KVIC) to introduce a new line of clothing under the brand Khadi by Raymond, which will directly compete with Fabindia. KVIC will certify Raymond to use Khadi mark to sell ready-made garments and fabric which will be available at KVIC and […]

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December 7, 2016
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153 Views

Apparel and Textile News Apparel Brands and Companies

Turnaround Of Raymond

Textile conglomerate Raymond is back to being a venerated company, but the transformation has only started. Until now, the company had gone for renovation rather than expansion, its ceo Sanjay Behl has said. Behl has started with simplifying the company structure and broke it down into costumer centric division rather than product centric verticals. He […]

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June 9, 2016
3 Comments
115 Views

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Raymond In Talks With Overseas PE Funds On Expansion

Raymond Ltd is in talks with overseas private equity funds KKR & Co and Blackstone to sell 20 per cent in its branded apparel business to fund expansion, according to reliable sources. Raymond Ltd CEO Sanjay Behl confirmed the company’s plan to join hands with PE funds for growth capital but did not divulge any […]

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May 17, 2016
4 Comments
135 Views

Apparel and Textile News Apparel Brands and Companies

Reforms To Boost Textile Sector

The textile industry is expected to clock double-digit growth while budget proposals and some of the steps taken by government recently are expected to increase the discretionary income in the hands of consumers, a top official of Raymond has said. Talking about FY15-16, Sanjay Behl, chief executive officer(lifestyle business), Raymond said the Indian textile and […]

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March 11, 2015
0 Comments
82 Views

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Tag: Sanjay Behl

Raymond to invest Rs 350 cr in expansion this year

Raymond Partners with KVIC to Introduce New Clothing Line

Turnaround Of Raymond

Raymond In Talks With Overseas PE Funds On Expansion

Reforms To Boost Textile Sector