Raymond Group has been the pioneer in the organized textile retail and fashion sector for a long time. Announces Mega expansion plans, aimed at consolidating/Solidifying Position as the World's third-largest suit Maker.
Raymond Group is super-excited to announce a major expansion of its garmenting capacity upping by 33%, cementing its position in a measured fashion as a global leader in the industry.
This calibrated & aptly strategic growth aligns with the 'China+1' initiative, this coming together of resources deployment & cutting-edge strategic vision enabling the company to explore new markets while deepening relationships with existing clients.
Pragmatic & opportunistic view
As per the industry estimates it has a combined production capacity of 10.7 million pieces across India (7.5 million) and Ethiopia (3.2 million), Raymond is well-positioned to meet the growing demand for premium apparel in key markets such as the US, UK, and Europe.
This expansion validates its legitimate claim and amplifies Raymond's global footprint, reinforcing its commitment to 'Make in India' by enhancing domestic manufacturing capabilities.