INTRODUCTION
Raymond Limited is a Indian diversified group with interests in lifestyle, textile and branded apparels and considered as one of the most trusted brands in India . The company is engaged in wool/wool blended and shirting fabric business in national and international markets. It also has strong presence in segments like real estate, fast moving consumer goods and engineering.
The company is one of the largest manufacturer of worsted suiting fabrics with four power brands in menswear. It is the only Indian manufacturer to craft full canvas premium jackets.
Through Raymond Apparel Ltd, the company offers brands such as Raymond Premium Apparel, Park Avenue and Parx. Its subsidiaries include JK Files (India) Ltd, JK Talabot Ltd, Everblue Apparel Ltd, Pashmina Holdings Ltd, Celebrations Apparel Ltd and Dress Master Apparel Private Ltd.
The company has huge growth potential as it continues to build capacities for enhanced performance and delivery across verticals followed by innovation in products and services with technology adoption which includes digitisation and automation.
INDUSTRY OVERVIEW
The global textile and apparel industry is witnessing several changes in consumption and production patterns which include shift in manufacturing hubs driven by the availability of cheap labour. The textile and apparel trade is expected to grow at a compounded annual growth rate (CAGR) of 3.7 percent during 2018-28. While increase in apparel trade is expected to grow at a CAGR of 4.5 percent, textiles is expected to rise at a CAGR of 2.5 percent during the same period. Currently, China holds largest share in textile and apparel global trade but this is expected to change. Various global manufacturers believe that share of Bangladesh, Vietnam and India will increase in future.
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
How To Invest In An Ageing Bull Market
Bull rallies (periods when stock prices rise) and bear declines (periods when stock prices fall) are natural parts of stock market cycles, but they don't follow a fixed timeline.
Should You Entrust All Your Money To A Single AMC?
If you are a market participant, you have probably heard the quote 'don't put all your eggs in one basket', which suggests diversification. Investors often focus on diversifying across categories like large-cap, mid-cap and small-cap, but they may unintentionally overlook diversification across different AMCs. The question arises: is AMC-wise diversification really necessary? Rakesh Deshmukh takes a closer look at this scenario
Wild Swings Engulf Global Equities
U.S. stock markets experienced significant volatility. An early-week rally pushed the markets to new highs, but this momentum faded, primarily due to weaknesses in the tech sector. The major indices had a mixed finish with, S&P 500 and Nasdaq closed lower, while the Dow recorded a notable gain.
U.S. Elections and China's Economy Hamper Commodities
Commodity markets experienced selling pressure in the last fortnight, driven by uncertainties surrounding the upcoming U.S. presidential elections, concerns about the Chinese economy, and increased agricultural production in Brazil.
Wealth Building For Retirement Through Mutual Funds
Retirement is one of the most crucial and lifechanging phases. It marks a period where maintaining your lifestyle becomes paramount even though your regular income stops.
Mastering Investment with Information Ratio
Information Ratio helps in navigating the complexities of the investment landscape by assessing an active fund manager's performance. And though it has its limitations, it remains an essential part of the finance industry. The article explains what Information Ratio is and how investors can use it as another tool
Plan To Be Financially Independent
Each of us aspires to be financially independent as it ensures having enough resources to be self-sufficient and control our finances.
❝Technology is the new game-changer"
With a new breed of young investors entering the financial markets, it is the use of technology that is increasingly playing a major role in how investments are done and tracked. Anand Radhakrishnan, Managing Director, Sundaram Mutual Fund, shares his opinion about how this factor is turning into a significant tool and how it will shape the strategies of his company
What If Donald Trumps?
The potential election of Donald Trump as president in the U.S. carries significant implications for the Indian equity market. It could lead to changes in the global trade dynamics, in particular affecting the Indian IT sector while also raising inflation levels and leading to yet another revision in the visa programme for Indians who want to work in the US. The article takes a closer look at what may lie in store
Sectoral Gains Make A Mark
Benchmark indices continued their uptrend, reaching new record highs, although the pace has slowed as the broader markets faced selling pressures
