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KES SHROFF COLLEGE OF ARTS AND COMMERCE

Project on RAYMOND COMPANIES T.Y. (BANKING AND INSURANCE) GROUP NO. 5

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CONSULT FACULTY- VANITHA MISS

GROUP MEMBERS

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NAME OF STUDENT PRATIK AGRAWAL SAGAR CHITRODA NIYATI GANDHI NEELAM PANCHAL JAY PATEL RAJKUMAR SINGH

ROLL NO. 01 09 15 31 34 44

ACKNOWLEDGEMENT
Through this acknowledgment, we express and have helped us with it and made it a worthwhile
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experience. Finally, we express our thanks to VANITHA MISS who gave us this opportunity to learn the subject in a practical approach who guided us and gave us valuable suggestions regarding the project report. Our sincere gratitude to all those people who have been associated with this assignment

HISTORY OF RAYMOND

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Years ago, when the Singhania family was building, consolidating and expanding its various businesses in Kanpur, one Mr. Wadia was in a similar manner setting up a small woolen mill in the area around Thane creek, 40 kms away from Bombay. The Sassoons, a well-known industrialist family of Bombay, soon acquired this mill and renamed it as The Raymond Woolen Mill
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Around the same time, the Singhanias aimed to broaden their business horizons. The familys sharp business foresight led to the acquisition of The Raymond Woolen Mills. The vision and foresight of Mr. Kailashpat Singhania greatly helped in establishing the J.K. Group's presence in the western region. Under his able stewardship, Raymond embarked upon a gradual phase of technological up gradation and modernization; producing woolen Fabrics of a far superior quality. Under Mr. Gopalakrishna Singhania, the mill became a worldclass factory and the Raymond brand became synonymous with fine quality woolen Fabrics
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When Dr. Vijaypat Singhania took over the reins of the company in 1980, he injected fresh vigor into Raymond, transforming it into a modern, industrial conglomerate. His son Mr. Gautam Hari Singhania, the present chairman and managing director has been instrumental in restructuring the group. Today, with a 31 million-meter capacity in wool & wool-blended fabrics, Raymond commands an over 60% market share in worsted suiting in India and ranks amongst the first three fully integrated manufacturers of worsted suiting in the world. We are perhaps the only company in the world to have a diverse product range of nearly 20,000 design and colours of suiting fabric to suit every age, occasion and style. We export these to over 50 countries, including USA, Canada, Europe, Japan and the Middle East.

COMPANY PROFILE
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The Raymond Group was incorporated in 1925; and within a span of a few years, transformed from being an Indian textile major to being a global conglomerate. In our endeavor to keep nurturing quality and leadership, we always choose the path untrodden - from being the first in 1959 to introduce a polywool blend in India to creating the world's finest suiting fabric Today, the Raymond group is vertically and horizontally integrated to provide our customers total textile solutions. Few companies across the globe have such a diverse product range of nearly 12,000 varieties of worsted suiting to cater to customers across age groups, occasions and styles. We manufacture for the world, the finest fabrics- from wool to wool-blended worsted suiting to specialty ring denims as well as high value shirting. After making a mark in textiles, Raymond forayed into garmenting through highly successful ventures like Silver Spark Apparel Ltd. and Regency Texteis Portuguesa Lda (for fine Tailored Suits, Trousers and Jackets), EverBlue Apparel Ltd. (Jeanswear) and Celebrations Apparel Ltd. (Shirts).

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We also have some of the most highly respected apparel brands in our portfolio: Raymond, Manzoni, Park Avenue, ColorPlus, Parx, Be:, Zapp! and Notting Hill. With a 500 million US$ turnover, we are today one of the largest players in fabrics, designer wear, denim, cosmetics & toiletries, engineering files & tools, prophylactics and air charter services in national and international markets. All our plants are ISO certified, leveraging on cutting-edge technology that adheres to the highest quality parameters while also being environment friendly.

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DIFFERENT BRANDS
A 100% subsidiary of Raymond Limited, Raymond Apparel Ltd. (RAL) ranks amongst India's largest and most respected apparel companies. We bring to our customers the best of fabric and style through some of the country's most prestigious brands- Raymond, Manzoni, Park Avenue, Color Plus, Parx, Be:, Zapp! And Notting Hill. The company's Design Studio in Thane is well-equipped with state-of-the-art facilities, which stimulate and nurture the creative energies of the Design Team. Their efforts are complimented by a research team, which keeps a close watch on international fashion forecasts and design trends. A Design Studio has also been set up in Italy recently, which has further enhanced our reputation in providing cutting edge design solutions of an international standard All our brands are available at exclusive brand stores, The Raymond Shop retail outlets and multi-brand outlets across India and the Middle East.

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GROUP COMPANIES OF RAYMONDS


* Raymond Ltd. Raymond Ltd. is among the largest integrated manufacturers of worsted fabrics in the world. * Raymond Apparel Ltd. Raymond Apparel Ltd. has in its folio, some of the most highly regarded apparel brands in India - Manzoni, Park Avenue, Color Plus, Parx, Be: and Zapp! and Notting Hill. * ColorPlus Fashions Ltd. ColorPlus is among the largest smart casual brands in the premium category. The company was acquired by Raymond to cater to the growing demand for a high end, casual wear brand in the country.

* Silver Spark Apparel Ltd. A garmenting facility manufacturing formal suits, trousers and jackets.
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* Regency Texteis Portuguesa Lda A facility set-up in northern Portugal bordering Spain, in Caminha for the manufacturing suits, jackets and trousers. * EverBlue Apparel Ltd. A state-of-the-art denim garmenting facility. * Celebrations Apparel Ltd. A facility set-up for the manufacture of formal shirts. * J.K. Files & Tools A leading player in the engineering files & Tools segment and the largest producer of steel files in the world.

COMPETITORS
The main competitors of Raymond 1. 2. 3. 4. 5. peter England raid & Taylor Cambridge siyarams vimal

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Current activities of Raymond

Currently Mr Gautam Hari Singhania is the Chairman

and Managing Director of the Company. The promoters have about 35 percent of the equity holding in the company, while institutional investors have approximately 40 percent and individuals hold about 20 percent of the equity.

31 million-meter capacity in wool & wool-blended

fabrics. Raymond commands an over 60% market share in worsted suiting in India and ranks amongst the first three fully integrated manufacturers of worsted suiting in the world.

Only company in the world to have a diverse product

range of nearly 20,000 design and colours of suiting fabric to suit every age, occasion and style.

Export over 50 countries, including USA, Canada,

Europe, Japan and the Middle East. The best of fabric and style through some of the country's most prestigious brands- Manzoni, Park Avenue, ColorPlus, Parx, Be: and Zapp! and Notting Hill.

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AWARDS AND ACHIEVEMENTS


1. 2. 3. 4. 5. 6. 7. 8. 9. Raymond Made-to-Measure has won the 'Most Raymond has won the 'Most Trusted Apparel Brand The Businessworld Most Respected Company Award Raymond has been ranked 20th in "The Brand Trust Images Fashion Awards 2009 - Most Admired Textile Reader's Digest - Platinum Trusted Brand, 2008 Lyrca Images Fashion Awards 2008 - Most Admired Lyrca Images Fashion Awards 2008 - Most Admired CNBC Consumer Award 2007 - The Best Branded Innovative Store Design' from ET Retail Awards 2011. 2011' Award from Economic Times Brand Equity. 2011 in the Apparel & Textile category. Report, India Study, 2011". Brand of the Year

Textile Brand of the Year Suiting Brand of the Year Readymade Garment and Textile
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CONCLUSION
A leader in the premium fabric market, Raymond is emerging as a garment player to reckon with. Its wide presence in the export market makes it a strong contender in the race to gain global market share in clothing. Premium garments to provide avenues for growth. INVESTORS can hold the stock of Raymond. the company's long-term growth prospects remain unaffected. The company continues to enjoy a leadership position in the worsted fabric market. It has also gained a dominant presence in the domestic market for high-end garments. Having made inroads in the export market, Raymond is better placed to cater to the demand from such markets.

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BIBILIOGRAPHY
SEARCH ENGINES: 1. www.yahoo.com 2. www.redif.com 3. www.google.com 4. www.textile.about.com SITES: 1. www.raymondindia .com 2. www.indianbusinessnews.com 3. www.indianhandbook.com

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