Raymond Announces Key Leadership Changes For Business Expansion

Raymond Ltd, India’s leading textile and apparel conglomerate, has announced key leadership changes to strengthen its business operations and accelerate growth. The restructuring aligns with the company’s strategic goals for the new fiscal year, enhancing leadership across critical segments.

Vipul Mathur, Chief Business Officer – New Businesses, will now oversee both the Ethnix and Raymond Home divisions. By bringing these high-potential segments under a single leadership, Raymond aims to maximize market opportunities in home textiles and ethnic wear.

Neeraj Nagpal, Chief Business Officer – Apparel, MTM, and TRS

In addition, the company has consolidated its retail-led businesses, integrating Apparel, Made-to-Measure (MTM), and Retail Business Units under one leadership. The MBO-focused distribution businesses, including Innerwear & Sleepwear and incubation ventures, have also been grouped to optimize operational efficiency.

Debdeep Sinha, Chief Business Officer – Innerwear & Sleepwear

Debdeep Sinha has been appointed Chief Business Officer – Innerwear & Sleepwear, leveraging his expertise in business expansion. Neeraj Nagpal joins as Chief Business Officer – Apparel, MTM, and TRS, bringing over 27 years of experience in fashion and retail.

The leadership changes, effective immediately, reinforce Raymond’s commitment to strengthening its market position and driving innovation. The new structure is designed to enhance resource allocation, improve market responsiveness, and support the company’s long-term growth strategy.