The historical foundation of the Raymond brand in India was laid in the mid-1920s when the enterprise began as a small woolen mill in Thane, subsequently taken over and scaled into a household name by the Singhania family. Successive generations of industrial leaders—most notably J.K. Singhania, Vijaypat Singhania, and later Gautam Singhania—shaped its evolution from a single-product textile mill into a sprawling diversified conglomerate spanning retail, real estate, and engineering.