Mumbai, India: In 2024, Raymond made a remarkable debut in India’s top 10 strongest brands, achieving an AAA- rating in the Brand Strength Index (BSI) from the latest Brand Finance report.
Brand Finance, a top brand valuation consultancy, is regulated by the Institute of Chartered Accountants in England and Wales and is the first of its kind to be a member of the International Valuation Standards Council.
The report emphasizes Raymond’s impressive growth in India Inc, showing a 12% rise in brand value to USD 305 million, highlighting his strong performance and brand equity in the competitive Indian market.
Commenting on this achievement, Gautam Hari Singhania, Chairman and Managing Director of Raymond Limited, said,“We are immensely proud to be recognised among the top brands in India. This is a testament to Raymond’s enduring legacy, innovative business strategies, and unwavering commitment to quality and customer satisfaction. This recognition reinforces our commitment to maintaining our leadership position in the industry. The dedication of our team, trust of our customer, and the strength of our brand overall, are core to our growth journey.”
Raymond is a renowned brand in India, famous for its legacy represented by the tagline “The Complete Man”, distinctive tune, and frequent presence at Indian weddings.
En-route to completing 99 years in September to step into their centenary year, Raymond is by far one of the largest garmenting/textile entities in India with a 1500+ brick and mortar retail network across 600 cities and towns, pan-India. Their comprehensive growth strategy is in tune to an ever-evolving spirit of business prowess.
Even the foray into realty was a mindful one. It was only after evaluating and understanding Raymond’s business muscle did the company leverage their legacy of trust, quality and excellence to foray into real estate. Raymond Realty is focused on expanding in MMR to build upon the group’s legacy – of setting new benchmarks with customer centricity at the core.
As Raymond continues to build on its rich heritage, the company remains dedicated to fostering growth and serving India, aligned with the nation’s visionof Aatmanirbharand Viksit Bharat.
Raymond, approaching 99 years this September, is among India’s largest garmenting/textile companies. With 1500+ retail outlets spanning 600 cities nationwide, their growth strategy reflects evolving business acumen.
