Vijaypat Singhania, Former Raymond Chairman, Passes Away On March 28, 2026

Singhania was widely respected for his vision and leadership, having transformed Raymond into India’s leading premium menswear and textile brand. His passing has drawn tributes from across the corporate and aviation communities, where he left a lasting impact.

Transforming Raymond Into A Textile Powerhouse
During his tenure as chairman and managing director from 1980 to 2000, Singhania expanded Raymond’s reach globally and positioned it as a household name in fabrics and apparel. His strategic leadership helped modernize India’s textile industry and set new benchmarks for quality and branding.

Achievements Beyond Business
Singhania was also an accomplished aviator. He set a world record for the highest altitude in a hot air balloon and completed a microlight flight from London to Delhi in 1988. His adventurous spirit earned him the Padma Bhushan in 2006 and the Tenzing Norgay National Adventure Award in 2001, showcasing his versatility beyond the corporate world.

Later Life And Challenges
Despite his towering success, Singhania’s later years were marked by family disputes and financial struggles. Once a billionaire, he lived modestly in Mumbai after conflicts over inheritance and control of Raymond. His life reflected both the heights of corporate success and the complexities of family legacy.

Key Highlights

• Vijaypat Singhania passed away on March 28, 2026, at age 87
• Transformed Raymond into India’s leading textile and apparel brand
• Padma Bhushan awardee and record-setting aviator
• Known for hot air balloon altitude world record and microlight flight from London to Delhi
• Later years marked by family disputes and modest living

Sources: Economic Times, Hindustan Times, Business Standard