VIP Industries has received an approval to increase total investment up to Rs 75 crore including the existing investment in the Wholly Owned Subsidiary Company (ies) at Bangladesh for carrying on activities of manufacturing and marketing of luggage, bags and other products. The Board of Directors of the company at their meeting held on August 3, 2018, have considered and approved the same.
VIP Industries is engaged in the manufacturing of hard luggages and soft luggages. The company operates through two segments - Luggage, Bags & Accessories, and Furniture.
