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Incorporated in 1925 and headquartered in Mumbai, Maharashtra, India, Raymond Limited is a diversified conglomerate with business operations in the textile, apparel, real estate, FMCG, and engineering industries. The company is recognized as one of the largest vertically and horizontally integrated manufacturers of worsted suiting fabric globally. Raymond operates through its subsidiaries, including Raymond Lifestyle, which handles consumer-facing apparel and textile businesses, and Raymond Realty, which oversees its real estate ventures. It has an extensive retail presence with 1,638 stores, comprising 1,589 outlets across about 600 towns and cities in India and 49 stores in nine other countries including the USA, Europe, Japan, and the Middle East. Raymond is currently undergoing strategic restructuring through demergers into its lifestyle and realty segments. Its product portfolio includes worsted suiting fabric, consumer apparel, textile products, and real estate developments.