Raymond has entered India’s top 10 strongest brands for the first time, securing a Brand Strength Index (BSI) rating of AAA-, according to the latest Brand Finance report.
Brand Finance, a brand valuation consultancy regulated by the Institute of Chartered Accountants in England and Wales, highlighted Raymond’s 12% increase in brand value, reaching USD 305 million. This reflects Raymond’s consistent performance and robust brand equity in the Indian market.
“We are immensely proud to be recognised among the top brands in India. This is a testament to Raymond’s enduring legacy, innovative business strategies, and unwavering commitment to quality and customer satisfaction. This recognition reinforces our commitment to maintaining our leadership position in the industry,” Gautam Hari Singhania, Chairman & Managing Director, Raymond Limited said.
Raymond, nearing its centenary year in September, has a significant presence in India with a 1500+ retail network across 600 cities and towns. The company’s growth strategy aligns with its business strengths, including a foray into real estate with Raymond Realty, which focuses on expanding in the Mumbai Metropolitan Region (MMR).
Raymond remains dedicated to fostering growth and aligning with India’s Aatmanirbhar and Viksit Bharat vision.
