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Our History


For over 50+ years, VIP has revolutionized the luggage and travel categories with continuous product innovations, adherence to quality and international aesthetics. Along the way, VIP has evolved from being a Travel Gear company to a Travel Wear pioneer. At the helm of this journey has been Mr. Dilip G. Piramal, Chairman and Ms. Radhika Piramal, Executive Vice Chairperson. Under their able leadership, VIP has grown from strength to strength. From a household name in India to becoming a category leader in Asia and now the second largest luggage maker in the world. The secret of VIP’s success is constant innovation in tune with the changing design trends and consumer needs. Today our universe, apart from VIP, includes stellar brands like Carlton, Skybags, Aristocrat, Alfa and Caprese. It is no surprise that VIP is a consumer favorite and an undisputed leader in the luggage category. Our manufacturing and distribution capabilities distinguish us. With cutting-edge facilities, VIP’s manufacturing plants, 2 in India and 7 in Bangladesh, are fully equipped to produce the most modern luggage.

We operate from 20 sales offices around the country and 1 international office. Our strong distribution network gives easy access to VIP luggage anywhere in India via 11,000 points of sale across exclusive stores, multi-brand stores, large format retail, defense canteens and e-commerce. By exporting to more than 60 countries, VIP has established its global status. Behind VIP’s dominance is our talented workforce. Inspired by VIP’s values of youthfulness, meritocracy, entrepreneurship & innovation and core tenets of open communication, transparency and agility, our people are always in pursuit of taking VIP to new heights. A commitment naturally born out of a work environment that nurtures sincerity, dynamism, acceptance of cultures and pride of work. Truly, the VIP workplace culture is the engine that drives its global success.

1968
  • Incorporated as Aristo Plast Pvt. Ltd.
  • Became a wholly owned subsidiary of Blow Plast Ltd.
1971
1973
  • Manufacturing Plant was commissioned at Nasik
  • Name of the Company was changed to VIP Industries Limited
1981
1982
  • Manufacturing facility was inaugurated at Jalgaon, operations were later discontinued.
  • Got listed on BSE
  • Manufacturing unit was set up at Nagpur, operations were later discontinued.
1986
1989
  • Launched a new brand by the name "Alfa"
  • New manufacturing facility was set up at Sinnar.
1995
2001
  • Entered into a strategic alliance with France-based luggage maker Delsey which was later discontinued.
  • Carlton Acquisition
  • Hong Kong Office set up
2004
2005
  • Commenced MEA operations
  • Design Studio was setup at VIP Head Office
  • Manufacturing plant was commissioned at Haridwar
2006
2008
  • Aristocrat was merged with VIPIL
  • Ms. Radhika Piramal was appointed the Executive Director of the Company in 2009.
  • VIP emerged amongst Top 100 most trusted brands in a survey by Brand Equity
2009
2011
  • Crossed Rs. 2500 Crores of market capitalization
  • Launched our Ladies Hand Bags brand - "Caprese"
2012
2013
  • Incorporated a wholly owned subsidiary by the name VIP Industries Bangladesh Pvt. Ltd. to set-up a luggage manufacturing plant in Bangladesh.
  • Hit the Rs. 1000 Crores Target
  • Commercial operation of the 1st Bangladesh plant "VIP Industries Bangladesh Pvt. Ltd." commenced
2014
2015
  • Launched Carlton's new brand identity - "New Face of Business".
  • Launched the new brand identity for "Aristocrat" with cricketers Rohit Sharma and R. Ashwin endorsing the brand.
2017
2018
  • Crossed Rs. 8900 Crores of market capitalization - all time highest
  • Commercial operation of the 2nd & 3rd plants at Bangladesh "VIP Industries BD Manufacturing Pvt. Ltd." commenced
  • VIP's new brand identity - power couple Saif Ali Khan and Kareena Kapoor Khan as brand ambassadors
  • Commercial operation of the 4th, 5th & 6th plants at Bangladesh "VIP Luggage BD Pvt. Ltd." & "VIP Accessories BD Pvt. Ltd." commenced
  • VIP Industries Limited won the "Economic Times India's Best Companies to Work For 2019" and also the "Economic Times India's Best Workplaces in Manufacturing Award 2019"
2019
2020
  • VIP Industries Limited won the CFBP (Council for Fair Business Practices) award in the Category 'Manufacturing Enterprises - Large' for the year 2019-20.
  • VIP Industries Limited got recognized as a "Bronze" employer in the IWEI"s (India Workplace Equality Index) Top Employers for 2020.
1968 - 1982 1971 - 1986 1973 - 1989 1981 - 1995 1982 - 2001 1986 - 2004 1989 - 2005 1995 - 2006 2001 - 2008 2004 - 2009 2005 - 2011 2006 - 2012 2008 - 2013 2009 - 2014 2011 - 2015 2012 - 2017 2013 - 2018 2014 - 2019 2015 - 2020
1968 2020
Slide to move through the years
1968 1971 1973 1981 1982 1986 1989 1995 2001 2004 2005 2006 2008 2009 2011 2012 2013 2014 2015 2017 2018 2019 2020
1968 2020
Slide to move through the years