Gautam Hari Singhania (born 9 September 1965) is an Indian billionaire industrialist. He is the chairman and managing director of the Raymond Group, the world's largest producer of suiting fabric.[1]
Gautam Singhania joined the Singhania family's JK Group of companies in 1986. He later joined the family's Raymond Group, becoming a director in 1990, the managing director in July 1999, and the chairman in September 2000. He restructured the group and sold Raymond's non-core businesses (synthetics, steel and cement).[2] Under him, the group moved its focus to fabrics, apparel brands, prophylactics (KamaSutra condoms), and men's toiletries. He has also focused on international partnerships for Raymond, including joint ventures with UCO Textiles of Belgium (denim) and Gruppo Zambaiti of Italy (shirting).[1] In 2005, Singhania opened a nightclub named Poison in Bandra, with DJ Aqeel.[1] As of 2012 Singhania's net worth is estimated to be around $1.4 billion.[3][failed verification]
In June 2024, shareholders approved the re‑appointment of Gautam Hari Singhania as Managing Director of Raymond Ltd for a fifth consecutive five‑year term, effective from 1 July 2024 [4].
Under his leadership, the Raymond Group underwent a strategic restructuring labeled "Raymond 2.0", involving demergers to create three distinct listed companies: Raymond Ltd (engineering), Raymond Lifestyle, and Raymond Realty. The real estate vertical was approved by the NCLT and listed in July 2025 [5].
In line with the new structure, Gautam Singhania has overseen the launch of Raymond Realty, which has reported ₹2,313 crore in revenue during fiscal 2025 with 45% year‑on‑year growth. He has publicly projected that the real estate business will double its topline to ₹4,000 crore (about 15% CAGR) over the next five years [6].
Personal life
Gautam Singhania was married to Nawaz Modi Singhania, a Parsi. Nawaz is the daughter of solicitor Nadar Modi.[7] The couple has two daughters named Niharika (born 10 December 2005) and Nisha.[1][8] He divorced Nawaz in November 2023.[9]
He has suffered from vitiligo (loss of skin pigmentation) since a young age. Its progression accelerated when he was in his early 30s, as a side effect of medication.[10]
Gautam Singhania's father gave him 37% of the company as per family understanding.[citation needed]
References
1 2 3 4 5 Geoff Hiscock (2007). India's Global Wealth Club: The Stunning Rise of Its Billionaires and the Secret of Their Success. John Wiley and Sons. pp.277–278. ISBN978-0-470-82238-8.
↑ "Braveheart". The Times of India. 22 August 2004. Retrieved 30 September 2014.
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