Raymond eyes 10% growth

Raymond, the manufacturer and retailer of suiting fabrics, is looking at a 10 per cent growth nationwide with the launch of its latest offering Technosmart. According to Sudhanshu Pokhriyal, President – Suiting, Textile Business, the size of the ready-to-stitch garment industry in India is estimated at ₹28,000 crore and the company is having a 60 per cent market share. The size of the total textile market in the country was to the tune of ₹3 lakh crore. He was in Kochi to launch the new age fabric Technosmart collections of polywool fabrics.