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Raymond Ltd chairman and managing director Gautam Singhania on Monday unveiled a new strategy dubbed “Raymond 2.0” as the 100-year-old group looks to “reinvent” itself into a “modern, purpose-led enterprise”.
“Going forward, Raymond 2.0 will be anchored on these three powerful pillars that will define our future: Lifestyle, Real Estate, and Engineering. Our disciplined approach to capital allocation, combined with our strategic assets and deep understanding of the Indian consumer positions us to deliver sustainable returns,” Singhania said in a letter to the company’s shareholders.
The opportunity in India has never been more compelling, and Raymond Group is well-positioned to capitalise on it, said Singhania. “Our transformation into a focused, growth-oriented enterprise reaffirms our confidence in India's future and our commitment to creating lasting value for all stakeholders,” he said.
“This milestone, marked by the listing of Raymond Realty, represents our commitment to deliver exceptional shareholder value and sets the stage for our ambitious journey toward building a global Indian powerhouse,” Singhania added.
Raymond continues to unlock shareholder value at every step “through achieving our net debt free status, divestments of our FMCG business, the demerger and listing of our Lifestyle business, scaling of our Real Estate operations, along with acquisition and consolidation of our Engineering capabilities,” said Singhania, adding that Raymond has created "three independent, net debt-free and focused entities" that have strong management and governance framework.
“The successful demerger and listing of Lifestyle Business represents a purpose-driven evolution from being India's most trusted suiting brand to become the nation's most comprehensive lifestyle destination. Our three-pronged strategy—Strengthen the Core in branded textiles, Accelerate the Growth in apparel and garmenting, and Build the New across ethnic wear, innerwear, and sleepwear—positions us to capture the entire spectrum of the modern Indian consumer's needs,” said Singhania.
With the much-awaited listing of Raymond Realty, Singhania said Raymond has added a second independent lever to its growth engine. “Raymond Realty stands as the crown jewel of our transformation—a net debt-free, pure-play real estate entity that has rapidly ascended to become one of the Top 5 developers in the Mumbai Metropolitan Region (MMR), demonstrating our ability to execute at scale in India's most competitive real estate market. Going forward, with a significant development pipeline, Raymond Realty is perfectly positioned to tap into India’s urban renaissance,” he said.
Today, as global supply chains shift and the China+1 strategy accelerates, Raymond is uniquely positioned to capitalise on this once-in-a-generation opportunity, said Singhania. “Our engineering prowess spans across critical high-growth sectors—aerospace, defence, and automotive—where our execution capabilities for precision, reliability, and innovation are unmatched. This diversified portfolio, combined with our proven execution capabilities, deep global partnerships and relentless focus on technological advancement, uniquely positions us to increase our order book and sustain high double-digit growth,” he noted.
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