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...

HISTORY

1968

• Incorporated as Aristo Plast Pvt. Ltd.

1971

• Became a wholly owned subsidiary of Blow Plast Ltd.

1973

• Manufacturing Plant was commissioned at Nasik.

1981

• Name of the Company was changed to VIP Industries Limited.

1982

• Manufacturing facility was inaugurated at Jalgaon, operations were later discontinued.

1986

• Got listed on BSE.
• Manufacturing unit was set up at Nagpur, operations were later discontinued.

1995

• New manufacturing facility was set up at Sinnar.

1989

• Launched a new brand by the name "Alfa".

2001

• Entered into a strategic alliance with France-based luggage maker Delsey which was later discontinued.

2004

• Carlton Acquisition.
• Hong Kong Office set up.

2005

• Commenced MEA operations.
• Design Studio was setup at VIP Head Office.

2006

• Manufacturing plant was commissioned at Haridwar.

2008

• Aristocrat was merged with VIPIL.

2009

• Ms. Radhika Piramal was appointed the Executive Director of the Company in 2009.
• VIP emerged amongst Top 100 most trusted brands in the Brand Equity survey.

2011

• Crossed Rs. 2500 Crores of market capitalization

2012

• Launched our Ladies Hand Bags brand - "Caprese"

2013

• Incorporated a wholly owned subsidiary by the name VIP Industries Bangladesh Pvt. Ltd. to set-up a luggage manufacturing plant in Bangladesh.

2014

• Hit Rs. 1000 Crores Target
• Commercial operation of the 1st Bangladesh plant "VIP Industries Bangladesh Pvt. Ltd." commenced

2015

• Launched Carlton's new brand identity - "New Face of Business".

2017

• Launched the new brand identity for "Aristocrat" with cricketers Rohit Sharma and R. Ashwin endorsing the brand.

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

2019

• VIP got it's new brand identity - power couple Saif Ali Khan and Kareena Kapoor Khan were signed 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" as well as the "Economic Times India's Best Workplaces in Manufacturing Award 2019".

2020

• VIP Industries Limited got recognized as a "Bronze" employer in the IWEI"s (India Workplace Equality Index) Top Employers for 2020.

2021

• VIP Industries Limited got recognized as a 'Bronze' employer in the IWEI's (India Workplace Equality Index) Top Employers for 2021, won this in 2 consecutive years.