MUMBAI – Raymond Group has announced the appointment of Nickil Baswan as Vice President and Group Head of Corporate Affairs. In this multi-faceted role, Baswan will oversee corporate affairs, public policy, and stakeholder engagement across the group’s diverse portfolio, which includes textiles, lifestyle, engineering, real estate, aerospace, and defense.
A Veteran in Corporate Strategy
Nickil Baswan brings over two decades of high-level experience in corporate affairs and strategic communications. His career is marked by leadership roles at some of the world’s most recognized organizations:
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Entrepreneurial Leadership: Most recently served as the CEO of NeoGnx Solutions, specializing in government engagement and crisis management.
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Pharmaceutical Expertise: Spent nearly eight years at Cipla, where he served as Senior Vice President and Group Head of Corporate Affairs & Policy.
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Multinational Background: Held senior leadership positions at General Electric (GE), Monsanto, The Coca-Cola Company, and ICICI Bank.
From the Frontlines to the Boardroom
Baswan’s professional journey began in the Indian Army, where he served as an officer during Operation Vijay. This background in high-stakes operations and logistics provided a unique foundation for his transition into corporate strategy.
Key Mandates at Raymond Group:
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Brand Building: Aligning corporate reputation with the group’s expansion into high-tech sectors like aerospace and defense.
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Business Support: Providing strategic policy counsel to support the group’s various business verticals.
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Sustainability & CSR: Leading the group’s social responsibility and environmental initiatives.
The Strategic Context
The appointment comes at a time when Raymond Group is diversifying beyond its traditional textile roots. By bringing in a leader with deep experience in both regulated industries (like pharma and chemicals) and complex global operations (like GE), Raymond is signaling a move toward more sophisticated corporate governance and proactive policy engagement as it scales its engineering and real estate businesses.

