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Raymond Ltd. - Company Profile, Information, Business Description ... The company is led by CEO Gautam Hari Singhania, great-grandson of the ... of the Wadia Woollen Mill along the Thane creek in Maharashtra, near Bombay, ... The Sassoons reincorporated the company as Raymond Woollen Mill .
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THE YEAR WAS 1925, and India was under colonial rule. A member of the Wadia family sensed an opportunity to make clothes for Indian soldiers and he set up a woollen mill in Thane, on the outskirts of Bombay. The mill was later sold to E.D. Sassoon and Co, and was renamed as Raymond Woollen Mills ...
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In 1925, a small woollen mill named as Raymond Woollen Mill was set up in Thane. 1944. When Lala Kailashpat Singhania took over Raymond in 1944, the mill was used to manufacture coarse woollen blankets and modest quantities of low-priced woolen fabrics. Soon Raymond embarked upon a gradual phase of adapting new technology innovations which led ...
Gautam Hari Singhania was appointed as the Whole-time Director on the Board of Raymond Ltd. 1994. Raymond inaugurated Lala Kailashpat Singhania High School for the children of the Raymond employees as well as the local populace. 1994. Raymond changed its name from 'Raymond Woollen Mills Ltd.' to 'Raymond Limited'. 1999. Raymond launched a ...
It was incorporated as the Raymond Woollen mill during the year 1925 near Thane Creek. Lala Kailashpat Singhania took over The Raymond Woollen Mill in the year 1944. In 1958, then with lot of hardwork and efforts Mr.Vijaypat Singhania made this small fabric company into an .
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Raymond Milestones. 1925 - Setup of The Raymond Woollen mill in the area around Thane creek. 1944: Lala Kailashpat Singhania took over The Raymond Woollen Mill.
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