Raymond Group unveils Raymond 2.0: Check Gautam Singhania's letter to shareholders

Raymond Group’s chairman and managing director, Gautam Hari Singhania, unveiled “Raymond 2.0”, a strategy to align the company into a modern, purpose-led enterprise aligned with India’s transformation.

Singhania, in a letter to shareholders on Monday, June 30, said that the occasion was marked with a key milestone, the listing of Raymond Realty, its demerged realty arm, which is set to list on July 1, 2025.

“Thanks to the support of our stakeholders, Raymond Group’s journey over the past few years has been remarkable. Through achieving our net debt-free status, divestments of our FMCG business, the demerger and listing of our Lifestyle business, scaling of our Real Estate operations, along with the acquisition and consolidation of our Engineering capabilities, we continue to unlock shareholder value at every step,” Singhania said.

He added that the company has successfully created three independent net debt-free and focused entities with a strong management and governance framework through its “transformational journey”.

“With the much-awaited listing of Raymond Realty, we have added a second independent lever to our growth engine. Raymond Realty stands as the crown jewel of our transformation—a net debt-free, pure-play real estate entity that has rapidly ascended to become one of the Top 5 developers in the Mumbai Metropolitan Region (MMR), demonstrating our ability to execute at scale in India's most competitive real estate market. Going forward, with a significant development pipeline, Raymond Realty is perfectly positioned to tap into India’s urban renaissance,” Singhania further stated in the letter.

Singhania said that Raymond Lifestyle’s three-pronged strategy positions it to capture the entire spectrum of modern Indian consumers’ needs. The strategy includes– “strengthen the Core” in branded textiles, “Accelerate the Growth” in apparel and garmenting and “Build the New” across ethnic wear, innerwear and sleepwear. In September 2024, Raymond Lifestlyle demerged and was listed as a separate entity.

Singhania highlighted Raymond’s engineering capabilities, which span across critical high-growth sectors, including aerospace, defense and automotive.

This diversified portfolio, along with the company’s global partnership and technological advancements, uniquely positions it to increase its order book and sustain double-digit growth, he said.

“Going forward, Raymond 2.0 will be anchored on these three powerful pillars that will define our future: Lifestyle, Real Estate, and Engineering. Our disciplined approach to capital allocation, combined with our strategic assets and deep understanding of the Indian consumer, positions us to deliver sustainable returns,” Singhania stated.