Financial Performance of Raymonds

1.INTRODUCTION TO RAYMOND LTD Raymond Ltd (formerly known as Raymond Woollen Mills) was incorporated in 1925. The conjunction has five divisions comprising of Textiles, denim, Engineering Files & Tools, Aviation and Designer wear Raymond Textile is Indias lead producer of worsted suiting fabric with over 60% commercialize divvy up. With a capacity of 25 million meters of woolen & wool-blended fabrics, Raymond Textiles is the worlds third largest integrated manufacturer. The company exports its suitings to more than 50 countries including USA, Canada, Europe, Japan and the Middle East. Over the years, Raymond Textile has developed whole in-house skills for research & development, which has resulted in path-breaking new products. Perceived as initiate and innovator, Raymond Textile has been responsible for raising the standard of the Indian textiles industry. The Denim division has an installed capacity of 20 million meters and produces high whole step ring denims. The company currently ranks among the top 3 producers in India. The products are exported to over 30 countries in the world. The Engineering Files & Tools division, J K Files & Tools, is the worlds largest producer of steel files with 90% market share in India and about 30% market share in the world.

The Designer Wear division, Be: is an exclusive pret-a-porter sick that houses designs by some of the finest Indian designers. Be: offers an eclectic scuffle of formal, office and evening wear for men and women, in western, heathen and fusion styles with accessories. The Aviation division, Million Air was launched in 1996 to tin air charter services. Known for high quality and current services, Million Air has a fleet of three helicopters and integrity executive jet. The Company has its Textile Division fixed at Thane, Jalgaon, Chhindwara, and Vapi. Denim Division located at Yavatmal, with J K Files and Tools Division located at Ratnagiri, Chiplun, Pithampur, Kolkata and Aviation Division located at Mumbai.... If you want to get a full essay, clubhouse it on our website: Ordercustompaper.com

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