Cash-rich at 100, Raymond sets eyes on acquisitions

Started as a textile mill in the 1920s, Raymond has diversified into real estate, aerospace and defence

- Suneera Tandon

Diversified conglomerate Raymond Group—with interests in textiles and apparel, real estate, engineering, aerospace and defence—will continue to evaluate acquisition opportunities as it expands operations in India and abroad.

"We will look at investments from an acquisition point of view whenever the opportunities come. We are well-funded, we are a zero-debt company. So, we don't have a problem with that," Gautam Singhania, managing director of Raymond Group, said in an interview.