Singhania says that the free trade agreement allows the company to capture one of the world’s most discerning fashion markets
Positioning Raymond for a ‘bold international future’, Gautam Hari Singhania, Executive Chairman of Raymond Lifestyle has said that the company is looking to make the most out of the India-United Kingdom Free Trade Agreement (FTA) to drive global growth.
“The landmark UK-India FTA opens an exciting avenue for our global ambitions. This agreement creates a premier platform where quality British tailoring traditions meet Indian manufacturing excellence, allowing us to capture one of the world’s most discerning fashion markets,” Singhania said in the company’s annual report for 2025-26.
Noting that while FY26 tested the global textile and apparel industry via shifting trade dynamics and tariff recalibrations, the Executive Chairman highlighted that the company’s vision is anchored in lifestyle evolution and market expansion going ahead.
“Our strategic entry into adjacent categories, Ethnix for occasion wear, Innerwear and the newly launched Chairman’s Collection is a deliberate extension of our trusted brand,” he pointed out. In the last financial year, Raymond Lifestyle crossed the Rs 7,000 crore milestone, posting a total consolidated income of Rs 7,034 crore, an 11 per cent year-on-year growth.
Evolving Market Dynamics
Singhania added that amidst shifting geopolitical dynamics and a widespread corporate push for supply chain resilience, India is emerging as a preferred destination. He noted that the China-plus-one strategy is an accelerating operational reality. With its vast manufacturing base, engineering talent and democratic governance, India stands as the single most credible alternative at scale, he added.
“Production Linked Incentive (PLI) schemes, the National Manufacturing Mission and landmark bilateral trade agreements like the UK-India Free Trade Agreement form the architecture of an emerging manufacturing superpower,” the Executive Chairman said.
Singhania emphasised that the demerger of Raymond’s lifestyle, engineering and real estate businesses into three independently listed entities is the most consequential strategic decision in the company’s recent history.
In an era of capital scarcity, the diversified business group that cross-subsidized across sectors was a rational model. Raymond is a proud product of that era. But the world has evolved. The demerger yields three independent platforms, three focused boards and three management teams liberated to execute strategies without the friction of cross-business trade-offs,” he explained.
Raymond Realty And The Future
He added that the rising aspirations for new age India have been a catalyst for growth for premium housing. Singhania noted that Raymond Realty has quickly become one of the top five premium listed residential developers in the Mumbai Metropolitan Region (MMR) by revenue.
“In FY26, we crossed the historic milestone of the Rs 3,000 crore revenue mark in just six years of existence. This achievement underscores our execution rigour in a market where trust is the scarcest commodity,” he added.
Singhania emphasised that regulatory reforms over the past decade have structurally shifted demand toward professional, brand-driven developers. Mumbai stands at the epicentre of this shift. He noted that in FY26, property registrations reached a 14-year high, supercharged by massive infrastructure milestones like the Mumbai Trans Harbour Link and the Coastal Road.
The company’s focus has shifted seamlessly from market entry to operational excellence, allowing it to capture the inherent economies of scale within its portfolio. He noted that the company is uniquely positioned to capitalise on this structural tailwind with an overall project portfolio of around Rs 42,000 crore.
