FROM TEXTILES TO REALTY: Raymond Grew with the Nation
Outlook Business|August 2023
The year 2022 was a momentous one for India as it surpassed the UK as the fifth-largest economy in the world.
- GAUTAM HARI SINGHANIA
FROM TEXTILES TO REALTY: Raymond Grew with the Nation

As for the Raymond Group, it opened what is possibly its most ambitious chapter—the ceremonial handover of Raymond Realty’s maiden venture, Ten X Habitat. For a brand reckoned globally for its finest quality fabrics and menswear fashion, it is a reflection of foresight and a testimony to the enduring qualities of trust, quality and excellence that have propelled the group’s turnaround. One of Raymond’s many privileges in its 98-year-old journey has been growing with and for India. As our country embarks upon a journey of transformation, real estate has been identified as a key growth driver towards nation building. I believe that this is the rise of a new-age India that is beaming with hope and proud of a new identity in a redefined world order.

Recalibrating for the Future

The inception of Raymond Realty marked the beginning of a new phase of growth for Raymond. The group now has two businesses— lifestyle and real estate—with contributions from engineering and denim businesses. The epicentre for the realty business is our verdant land in the heart of Thane.

The Mumbai Metropolitan Region has been among India’s leading regions to witness highest property buying in recent times. The first of 900 apartments of Ten X Habitat, a 3,103-apartment complex at Pokhran Road, were made open for possession last December, two years ahead of the RERA deadline.

The other entity, Raymond Consumer Care, will continue to focus on lifestyle business, which has our legacy textiles business.

A Humble Beginning

この蚘事は Outlook Business の August 2023 版に掲茉されおいたす。

7 日間の Magzter GOLD 無料トラむアルを開始しお、䜕千もの厳遞されたプレミアム ストヌリヌ、9,000 以䞊の雑誌や新聞にアクセスしおください。

この蚘事は Outlook Business の August 2023 版に掲茉されおいたす。

7 日間の Magzter GOLD 無料トラむアルを開始しお、䜕千もの厳遞されたプレミアム ストヌリヌ、9,000 以䞊の雑誌や新聞にアクセスしおください。

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