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The Raymond Woollen Mill which produced coarse, cheap woollen blankets was born. Today, Raymond continues to make woollen blankets. Saudi Arabia, Bangladesh, Sri Lanka and many countries in Europe. Raymond products are available in over 300 Raymond Shops in 125 towns in India and abroad, as well as in over 20,000 multi brand outlets nationwide.

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In 1944, he bought over the business interests of the famous David Sasson family. This business included some parcels of land in Thane and Mumbai as well as Raymond Woollen Mills. Under his able stewardship, Raymond embarked upon a gradual phase of technological up gradation and modernization producing fabrics of a far superior quality

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