Raymond has opened a linen manufacturing facility in Amravati. The facility is expected to produce 1200 tons of world-class linen yarns and 4.8 million meters of linen and blended fabrics per annum. It is expected to generate direct and indirect employment for 800 people.
Raymond has seven plants already operational in Maharashtra. The company also has set up a manufacturing facility in Ethiopia. Set up with an investment of over $US 14.83 million, this foray is in line with the group’s ambition to expand its presence across international markets. The new plant will generate employment for over 2500 people.
In order to be globally price competitive for the export market, setting up a garmenting plant in Ethiopia is a strategic move to ensure duty-free access to key export markets such as the US and Europe.
Raymond is one of the most widely available exclusive retail formats in the fashion apparel category in India. The company is a manufacturer of the finest worsted suiting and cotton shirting fabrics and a significant player in branded apparel.
Raymond has introduced a khadi brand. The line includes trousers, short kurtas, long kurtas, bandhgalas, and shirts, among other garments. It will be available at Raymond exclusive business outlets, multi-brand outlets and exclusive Raymond Khadi outlets.
