Raymond named amongst top 10 strongest brands in India: Brand Finance

16 July 2024, Mumbai

Securing a Brand Strength Index (BSI) rating of AAA, Raymond has entered the league of the top 10 strongest brands in India, as per a report by the world’s leading brand valuation consultancy, Brand Finance.

Regulated by the Institute of Chartered Accountants in England and Wales, Brand Finance is the first consultancy to join the International Valuation Standards Council.

As per the consultancy’s report, Raymond’s brand value increased by 12 per cent within India Inc, to reach $305 million.

GautamHariSinghania, Chairman and Managing Director, Raymond, affirms, this achievement conforms to Raymond’s enduring legacy, innovative business strategies, and unwavering commitment to quality and customer satisfaction. The recognition reinforces the brand’s commitment to maintain its leadership position in the industry. Dedication of its team, customers’ trust and overall strength are the major drivers of the brand’s growth in the industry he adds.

Approaching its 99th anniversary in September, Raymond boasts a retail network of over 1,500 brick-and-mortar stores across 600 cities and towns in India.

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