Home / Knowledge / News / Apparel/Garments / Raymond to increase branded apparel business four-fold
Raymond to increase branded apparel business four-fold
Aug '16
Courtesy: Raymond
Courtesy: Raymond
Indian textile major Raymond expects its sales from the branded apparel division to grow four fold from the current over Rs 1,000 crore and the fabrics business to double from around Rs 3,000 crore in five years.

This was revealed by Mohit Dhanjal, director-retail, Raymond Ltd who added by saying that the company is expanding its presence to new regions and launching new products using technology.

According to a Business Standard report, Dhanjal was speaking at the launch of its social initiative 'Look Good, Do Good', under which the company offers free stitching of trousers to those who bring old trousers.

Currently, Raymond derives around 65 per cent of its business from fabrics and around 35 per cent from branded apparels. The growth would also come from new and renovated stores across the country.

Raymond which unveiled around 70 stores in the previous fiscal, plans to open around 100 stores in the current fiscal, which will also be opened in tier IV and V towns in India.

The company operates around 715 Raymond stores, of which around 660 are franchisees and its products also reach around 17,000 multi brand outlets in 380 towns and cities. (AR)

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 20th Jan 2017

TEA expects budget to upscale textile skill industry

The Tiruppur Exporters’ Association (TEA) has requested the Central...

Textiles | On 20th Jan 2017

Bangladesh could earn $60 billion in exports by 2021

Bangladesh is expected to earn over $60 billion in exports by the...

Courtesy: PIB

Textiles | On 20th Jan 2017

Govt to help Tangaliya weavers purchase looms: Irani

Government of India will facilitate Tangaliya weavers in purchase of...

Interviews View All

Evelyne Cholet

‘France had a reputation of being big in new ideas, but poor in marketing...

Riddhika Shah
SS Homme

'Worsted wool is the ideal fabric for menswear'

Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

'Major problem in the textile machinery manufacturing industry is the lack ...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

January 2017

January 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Subscribe today and get the latest News update in your mail box.
Advanced Search