Gautam Singhania
Gautam Hari Singhania | |
|---|---|
| Born | September 9, 1965 India |
| Occupation(s) | Entrepreneur, Businessman |
| Years active | 1986–present |
| Known for | Chairman and Managing Director of Raymond Group |
Gautam Hari Singhania (born 9 September 1965) is a prominent Indian billionaire entrepreneur serving as the chairman and managing director of the Raymond Group, recognized as the world's leading manufacturer of suiting textiles.
Early life and education
Hailing from a Marwari business family headed by Vijaypat Singhania, Gautam Singhania received his education at St. Mary's School, Mumbai, followed by Cathedral and John Connon School, and later attended H.R. College in Mumbai.
Career
Beginning his professional journey in 1986 with the family's JK Group, Singhania transitioned to the Raymond Group, where he was appointed director in 1990. He advanced to managing director in 1999 and assumed the chairmanship by 2000. He implemented a strategic overhaul of Raymond by divesting from peripheral sectors such as synthetics, steel, and cement. Under his guidance, the company concentrated on core areas including fabrics, branded apparel, prophylactics (KamaSutra condoms), and men's grooming products. He also expanded global collaborations through partnerships like UCO Textiles (Belgium) specializing in denim and Gruppo Zambaiti (Italy) focusing on shirting fabrics. In 2005, he co-established Poison, a nightclub located in Bandra.
By 2012, his personal wealth was estimated at approximately $1.4 billion.
In June 2024, shareholders endorsed his continuation as Managing Director of Raymond Ltd for a fifth consecutive term of five years commencing 1 July 2024.
Singhania spearheaded the "Raymond 2.0" transformation strategy, which resulted in the creation of three distinct publicly listed entities: Raymond Ltd (engineering division), Raymond Lifestyle, and Raymond Realty. The real estate segment received approval from NCLT and was publicly listed in July 2025.
He has overseen the launch of Raymond Realty, which generated revenues of ₹2,313 crore in fiscal year 2025, marking a 45% increase compared to the previous year. Singhania anticipates this division will double its revenue to ₹4,000 crore within five years, aiming for an approximate compound annual growth rate of 15%.
Personal life
Gautam Singhania was married to Nawaz Modi Singhania, daughter of legal professional Nadar Modi. The couple has two daughters: Niharika (born 2005) and Nisha. Their marriage ended in divorce in November 2023.
He has lived with vitiligo since his youth, experiencing accelerated progression during his early thirties attributed to medication.
As part of a familial arrangement, his father transferred a 37% stake in the company to him.