Gautam Singhania holds the position of Chairman at Raymond Group, which is a prominent company in the textile and apparel industry.
Gautam Singhania is a well-known Indian industrialist and entrepreneur who was born on September 9, 1965. He holds the positions of Chairman and Managing Director at the Raymond Group, making him a business tycoon in his own right. Coming from a family with a history of entrepreneurship, Singhania has continued the legacy and has amassed a net worth of 1.4 billion dollars.
Singhania completed his primary education in Mumbai and then pursued higher education in the United States. He graduated from the University of Michigan with a degree in Business Administration before returning to India to join his family’s company, the Raymond Group. The company was established by his grandfather Lala Kailashpat Singhania in 1925.
Under Gautam Singhania’s leadership, the Raymond Group has experienced tremendous growth and has emerged as a leading conglomerate in India. The group has diversified into various sectors, including textiles, engineering, and real estate. Raymond is one of the largest producers of worsted suiting fabrics in the world, and its engineering division is engaged in manufacturing auto components. The real estate division has developed numerous residential and commercial properties across India. Singhania resides in JK House, which is the second most expensive house in India valued at Rs 6,000 crores, after Antilia, which is owned by Mukesh Ambani and is the most expensive house in the world.
In addition to his position at the Raymond Group, Gautam Singhania is renowned for his passion for cars and racing. He is an enthusiastic car lover who has participated in numerous car races in India and overseas and has even set several world records for his racing accomplishments. In recent news, Singhania made an announcement about his departure from KamaSutra, a brand that sells condoms.