Raymond among India’s Top 10 Strongest Brands, says report

Raymond has announced that in a significant milestone for 2024, it has entered the league of the top 10 strongest brands in India for the first time, securing a Brand Strength Index (BSI) rating of AAA-, as per the latest Brand Finance report.

Brand Finance is the world’s leading brand valuation consultancy, regulated by the Institute of Chartered Accountants in England and Wales. It is the first such consultancy to join the International Valuation Standards Council.

The report highlights Raymond’s exceptional growth among in India Inc with a notable 12% increase in brand value, reaching USD 305 million.

Commenting on this achievement, Gautam Hari Singhania, Chairman and Managing Director of Raymond Limited, said, “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. The dedication of our team, trust of our customer, and the strength of our brand overall, are core to our growth journey.”

The brand is en-route to completing 99 years in September and has a presence of 1500+ brick and mortar retail network across 600 cities and towns, pan-India.