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Home Company Profiles

VIP Industries Ltd | Luggage brands

Raveendran R by Raveendran R
July 22, 2023
in Company Profiles
Reading Time: 8 mins read
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For over 50+ years, VIP Industries Ltd has revolutionized the luggage and journey lessons with regular product enhancements, adherence to top quality and worldwide aesthetics. Alongside one of the simplest ways, VIP has developed from being a Journey Gear agency to a Journey Placed on pioneer.

On the helm of this journey has been Mr. Dilip G. Piramal, Chairman and Ms. Radhika Piramal, Authorities Vice Chairperson. Under their ready administration, VIP has grown from power to power. From a household title in India to becoming a category  chief in Asia and now the second largest baggage maker on this planet.

VIP Industries Ltd

Established in 1971, VIP Baggage, has made a mark throughout the baggage commerce with at-par top quality and vibrant designs. That’s the outcomes of the sturdy urge to know the altering desires and tastes of the even handed and top quality conscious traveller. In consequence VIP has held the No.1 rank in Asia for bags manufacturing.

VIP, moreover the 2nd largest producer of baggage on this planet with 4 factories, produces nearly 5 million objects a yr. VIP Baggage, the primary mannequin of VIP Industries has moreover re-launched VIP largely worthwhile advertising and marketing marketing campaign, ‘Life Leke Chal’, with a wish to reach and fulfill the luggage desires of additional shoppers throughout the nation.

Itemizing three key merchandise/Companies that the Agency manufactures/provides

  1. Upright Trolley case;
  2. Duffel Baggage; and
  3. Faculty Baggage

This advertising and marketing marketing campaign was constructed spherical 3 completely totally different baggage with VIP distinctive choices, from sturdy and durable baggage, Teflon coated anti stain and water-proof baggage to the lightest bag throughout the VIP Portfolio. VIP’s lightest differ of baggage begins from 1.9kgs and is the lightest ever throughout the portfolio. This differ was designed for the model new age traveller, holding in ideas the trendy airline baggage restrictions whereas setting a model new benchmark throughout the baggage commerce. 

Year (₹ Cr)Mar-19Mar-20Mar-21Mar-22Mar-23
Equity553582489531613
Debt86269353298352
Capital639851842829965
Cash from Operation-5629285-24175
Cash ROCE-9%34%10%-3%18%
VIP Industries Ltd Financials

VIP’s manufacturing

VIP’s manufacturing crops, 2 in India and 7 in Bangladesh, are completely geared as much as provide primarily probably the most stylish baggage. The company perform from 20 product sales workplaces throughout the nation and 1 worldwide office.

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VIP industries ltd Financials
VIP industries ltd Financials

The company sturdy distribution neighborhood offers fast entry to VIP baggage wherever in India via 11,000 components of sale all through distinctive outlets, multi-brand outlets, large format retail, safety canteens and e-commerce.

The company is exporting to better than 60 worldwide areas, VIP has established its world standing. For the time being the company universe, except for VIP, accommodates stellar producers like

  • Carlton,
  • Skybags,
  • Aristocrat,
  • Alfa and
  • Caprese.

It is no shock that VIP is a consumer favorite and an undisputed chief throughout the baggage class.

VIP Industries Baggage manufacturers

VIP Industries has a wide range of important producers all through baggage lessons. Itemizing of producers Owned by VIP Industries Limited. The subsequent are the Baggage producers

Caprese

Impressed by a pristine little island off the Italian shores, Caprese’s world of pattern actually shows the design language of its muse: the Isle of Capri. A country that has, for a whole bunch of years, been synonymous with the way in which ahead for girls’s pattern, echoing with an unblemished, free spirit.

Which is why Caprese began with a dream. A dream to create an avant – garde differ of hand baggage and tools that manifest this free spirited custom. To be adorned by at the moment’s metropolis woman who shows the tomorrows.

With a assured aesthetic sense, fashionable cuts and an indulgent voice to go properly with any occasion – Caprese’s every design is crafted as a technique testament to every woman who must announce her arrival in life.

Alfa

Alfa is popularly known as the value-for-money mannequin from the house of VIP Industries Ltd. The mannequin obtained right here into existence throughout the yr 1987 and shortly turned considered one of many largest producers throughout the baggage commerce of India.

With arduous baggage merchandise in its kitty, Alfa caters to the numerous requires of the price conscious shoppers. The fee-effective-quality of Alfa has modified the outlook of consumers who used to go for cheaper decisions by compromising top quality. Alfa has grow to be the mannequin alternative which ensures dependable eminence at an affordable price. Alfa is made for the patrons.

Except for arduous baggage, which was its ante for the first 20 years, Alfa has grown and tailor-made itself to match the rising demand of soppy baggage throughout the commerce. With over 25 lakh objects selling yearly, Alfa has developed rapidly and continues to be rising at common cost of 25%.

For the time being, Alfa has grow to be the go-to mannequin for each type of journey desires. With an intensive variety of merchandise like

  • Delicate Uprights,
  • Duffle Baggage,
  • Duffle Trolleys,
  • Vanity Circumstances,
  • Arduous Suitcases and
  • Briefcases

Alfa has an unlimited neighborhood of over 13,000 shops all through India.

Aristocrat

Aristocrat caters to the requires of the frequent traveller of the Indian heartland. Since its inception, this mannequin has strived arduous to supply sturdy merchandise at a pocket nice worth. Aristocrat is the mannequin which understands that superior top quality is simply not a synonym for exorbitant prices.

From being the trademark Suitcase and Briefcase of the yester-years to being the up-to-date tender baggage makes, Aristocrat has had a excellent journey which stretches over a very long time. Via the years, this mannequin has developed primarily based on the change in demand and cases.

Its Present line-up of soppy along with arduous baggage authenticates this actuality. With an array of baggage decisions akin to Delicate Uprights, Duffles, Vanity Circumstances, Arduous Suitcases, Briefcases and Uprights for his or her consumers, Aristocrat can proudly say that they’re going to ship to every consumer and every journey demand.

With an unlimited neighborhood of touch-points and its wide array of merchandise in different baggage lessons, Aristocrat is all outfitted for witnessing excellent Progress ultimately!   

Skybags

Skybags is a youth mannequin with a mission to make it’s consumers switch in mannequin in every single place, every time, offering distinctive designs, progressive choices and aesthetics led by the ever-evolving world of GenZ.

The model embraces all of them. Youth at the moment juggles so much, with ease and magnificence which is the very core connecting our offering with its consumers – Stylish & Purposeful, Discerning nevertheless Playful, Acutely conscious however Pleasing.

Behind the fashionable aesthetics lies over 4 a very long time of design and engineering innovation .Except for being the first Indian mannequin to launch waterproof backpack & manufacture printed polycarbonate baggage.

  • Skybags trolleys,
  • rucksacks,
  • backpacks,
  • duffel-bags,
  • laptop computer laptop baggage & daily requirements constructed from hallmark top quality supplies,
  • parts for good consumer experience.

Skybags hails from VIP Industries (Est. 1971), market leaders for over 40 years, and shares its roots with sister producers like VIP, Carlton and Caprese.

Carlton

With every passing day, the ideas of enterprise are altering. With this dynamics comes a model new type of enterprise chief. The Youthful visionary who’s eager about what he does. For him, it is not about getting money nevertheless about making a dent throughout the materials of the universe. The members of this breed are relentless throughout the pursuit of the next big idea and the next revolution. They don’t merely switch with the flow into nevertheless surf ahead of it.

Carlton celebrates this maverick spirit and is their affiliate of their journey to grow to be ‘The New Face of Enterprise. Carlton is a tribute to this youthful, passionate breed of enterprise of us. The advertising and marketing marketing campaign illustrates how the model new know-how has moved previous the earlier enterprise clichés and glued algorithm.

Instinct, passion, innovation; these are just a few of the qualities which can be necessary for this new upcoming race of entrepreneurs.

Carlton’s new promoting and advertising and marketing positioning as ‘The New Face of Enterprise’ positions the mannequin as the luggage of choice for the daring new enterprise know-how and celebrates their excellent, out-of-the discipline qualities.   

VIP Industries Subsidiaries

VIP Industries Limited has 5 (5) Wholly Owned Subsidiaries

  1. Blow Plast Retail Limited,
  2. VIP Industries Bangladesh Private Limited,
  3. VIP Industries BD Manufacturing Private Limited,
  4. VIP Luggage BD Private Limited and
  5. VIP Accessories BD Private Limited
Tags: CONSUMER DURABLES
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Raveendran R

Raveendran R

Editor @ Indiancompaies.in

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