Bengaluru, 19th February 2024: Gautam Hari Singhania, Chairman and Managing Director at Raymond, visited Ram Mandir on Monday to seek the divine blessings of Lord Ram before conducting a Bhoomi Poojan for the ‘Ethnix by Raymond’ store launch at Naharbagh, Rampath.
“Today, I celebrate tradition in Ayodhya, to further the cause of India for Indians. As we embark on this new chapter with the inauguration of our first Ethnix by Raymond store here, I seek the blessings of Lord Ram to strengthen Raymond’s resolve to do right by our rich heritage. The aim is to seamlessly weave tradition into the fabric of modernity,” said Gautam Singhania, after the bhoomi poojan, in the presence of people from Bollywood, sports and the investor fraternity. Dealers and trade partners were also there.
Earlier in the day, Gautam Singhania sought blessings at Ram Mandir for this forthcoming endeavour of Raymond’s. Singhania’s presence underscored Raymond’s enduring ethos of blending tradition with modernity, symbolizing the convergence of timeless heritage and contemporary innovation.
Ethnix by Raymond has 105 stores pan-India as of 31st December, 2023, which strengthens
Raymond’s total retail network, bringing the count to 1,512 stores.
The visit to Ram Mandir served as a poignant prelude to the auspicious Bhoomi Poojan ceremony, signifying Raymond’s and Mr. Singhania’s deep-rooted connection with the cultural fabric of India.
About Raymond Limited
Raymond is India’s largest integrated worsted suiting manufacturer that offers end-to-end solutions for fabric and garmenting. Over the years, Raymond has been synonymous with quality, innovation and market leadership. It has some of the leading brands within its portfolio – ‘Raymond Ready to Wear’, ‘Park Avenue’, ‘ColorPlus’, ‘Parx’, ‘Raymond Made to Measure’ and ‘Ethnix by Raymond’ amongst others. Raymond has one of the largest exclusive retail networks in the country with about 1,450 stores in more than 600 towns. The group has a presence in the engineering space engaged in precision engineered products with an expansive presence in national as well as international markets. Raymond forayed into realty sector through the launch of its maiden project Ten X Habitat spread across 14 acres housing ~3,100 residential units, followed by launch of a premium residential project – The Address by GS housing ~550 residential units, Ten X Era with ~ 900 residential units. Recently, Raymond launched a new project The Address by GS 2.0 with ~ 775 units and The Invictus by GS with ~ 102 residential units.
