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Related Keywords: Amravati district, chairman and MD Gautam Singhania, Chief Minister Devendra Fadnavis, develop the textile parks, dream project, investment of rupees one thousand four hundred crore, Maharashtra government, Make in India Week, Raymond, set up integrated textile manufacturing plant, signed MoU, textile major

Raymond, textile major has signed Memorandum of Understanding with Maharashtra government for setting up integrated textile manufacturing plant an investment of Rs 1,400 crore in state's Amravati district, chairman and managing director Gautam Hari Singhania told reporters on the sidelines of the ongoing Make in India Week held in Mumbai today.

Related Keywords: Arvind, as land on decades-long lease, attractive incentives to draw foreign investors, both large and mid-sized apparel makers, cheap power, duty-free exports to key markets US and Europe, in Ethiopia, Indian enterprises, Kanoria Textiles, promising sourcing destination, Raymond, set up manufacturing facility

Indian enterprises, both large and mid-sized are putting in millions of dollars for setting up manufacturing facilities in Africa’s oldest independent country, Ethiopia which is a promising sourcing destination for global manufacturers despite Modi government aggressively pushes its 'Make in India' programme.

Host of home-grown apparel makers are enticed to Ethiopia, as the Ethiopian government is offering attractive incentives to draw foreign investors, such as land on decades-long lease, cheap power and duty-free exports to key markets like the US and Europe.

Related Keywords: Arvind, Bombay Rayon, enhance export market, filling patents, give innovations longevity, high margin, newer products, Raymond, Raymond UCO Denim, Siyaram, spending on research and development, take business to next level, textile companies, Trident India, Welspun

Top textile companies to enhance export market share have started spending on research and development (R&D) to come out with newer products as they feel it is the only way to keep their market and patents help to give their innovations longevity as replicas don’t get created and the innovations can take their business to the next level and also give the companies high- margin products.

Related Keywords: and towels, bath robes, bed sheets, blankets, comforters, expansion of Raymond Home, home furnishing products, home textile market, Pillow covers, Raymond, set up exclusive brand outles, textile and apparel company

Raymond, the branded home textile market in India, rechristened its bed and bath range of home furnishing products as Raymond Home. According to a top official of the brand with home fashion becoming a very important element in day-to-day life, India’s leading textile and apparel company Raymond Group’s arm, Raymond Home, plans to set up 30 exclusive brand outlets (EBOs).

Related Keywords: Chief Executive officer, double digit growth, economic growth, Indian textile and apparel industry, launch of Raymond linen, Raymond, Sanjay Behl, Union budget

Indian textile and apparel industry is growing at the rate of 8-12%, and if the same growth is maintained or little higher, the industry is likely to get the double-digit growth during the FY15-16. As post the union budget, the economy will remain bullish because some of the fundamentals for economic growth are looking very good, according to Sanjay Behl, Chief Executive officer (Lifestyle business), Raymond.

Related Keywords: brand building, largest retail network, leading brands, life style business, new store roll out, offer end to end solution, Park Avenue, Parx and Color Plus, Raymond, Raymond Premium Apparel, textile and fashion space, textile segment, top line growth

Raymond, one of the largest exclusive retail networks in the textile and fashion space in India offering end-to-end solutions for fabrics and garment has significantly stepped up its new store roll-outs.

Gautam Hari Singhania, Chairman and Managing Director, Raymond Limited, said that the Q3 commenced with subdued consumer sentiment, which gradually improved during the latter part of the quarter. They registered a good top line growth driven by strong performance in the textile segment.

Related Keywords: Aditya Birla Nuvo's Madura Fashion & Lifestyle, building online business models, Creyate, customised clothing, Myfit, online shop, Raymond, Raymondnext, Textile major Arvind Ltd, textile majors and apparel brand, Van Heusen

Customised, or made to order clothing, is fast catching up as consumers are looking for perfect fits and more personal preferences to reflect in their apparels they shop online. This has driven textile majors and apparel brands to start building their online business models around it. Textile major Arvind Ltd made an e-commerce foray in August 2014 with a new custom clothing brand called Creyate, following suit in September 2014 was Raymond offering its 'made to measure' concierge service under the RaymondNext.com initiative.

Related Keywords: Bombay Dyeing, home textile category, modern trade, Raymond, textile companies, trend of premiumisation, Welspun

Textile companies are making a comeback in the home textile category with premium products to build better margins in a segment that is still fragmented and unorganized. The trend of premiumisation has started gaining hold in the home textile segment.

Related Keywords: a digital specialist, design and customize attire, develop e-commerce venture, Gautam Singhania, men textile and apparel maker, mobile app, Raymond, RaymondNext.com, Vijay Basrur

Raymond, the 89-year-old men's textile and apparel maker, would be investing Rs 20 crore to develop the e-commerce venture and has put in place a separate team. It is also coming up with a full-fledged virtual platform that will include mobile apps.

For this initiative, Raymond's flamboyant chairman Gautam Singhania has brought on board Vijay Basrur, a digital specialist who has had stints with startups like Quikr and Bazee.com.

Related Keywords: e-commerce, fabric brand, generate revenue, Grasim, leading textile companies, Raymond, Siyaram, train and upgrade tailors

E-commerce fever is catching up as leading textile companies from India has started eyeing this medium as an opportunity to generate revenues. Some of the leading textile companies are roping in neighbourhood tailors to boost identity of their fabric brand.

Textile majors such as Grasim, Raymond and Siyaram have taken the initiative of training and upgrading the skills of local tailors in cities across India.