Raymond receives board approval to invest up to INR 3.01 billion in subsidiary Ten

Raymond Limited is an India-based integrated fabric manufacturer providing end-to-end solutions for fabrics and apparel. The company operates in eight segments: Textiles, which includes branded fabrics; Shirting, which includes shirting fabrics; Clothing, including ready-made branded clothing; Clothing, which includes clothing production; Tools and Hardware, is engaged in the manufacture, sale and distribution of precision parts for tools and hardware, such as steel files and drills, and in the marketing, sale and distribution of hand tools, power tool accessories and power tool machines; Car parts; Real estate and real estate development; and Other, which includes non-scheduled aviation activities. Its various brands include Raymond, Park Avenue, ColorPlus, Raymond Ready to Wear, Parx, Ethnix, Raymond Home and Raymond Made to Measure. Its subsidiaries include Raymond Apparel Limited and R&A Logistics Inc.

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