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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 lowpriced woolen fabrics.
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Raymond Ltd (BSE: 500330|NSE: RAYMOND) is largest integrated manufacturer of fabric in the world based in Mumbai, Marashtra. It has over 60% market share in suiting in India. It is also the India''s biggest woollen fabrics maker. Textile division of the company has a distribution network of more than 4,000 multibrand outlets and over 637 exclusive retail shops in the domestic market itself.
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