VIP Industries is aiming a growth of 9-10 per cent in the 2019-20 fiscal, despite economic headwinds slowing demand. The company grew at 26 per cent last fiscal to Rs 1,784 crore, and at 9 per cent in the first quarter of 2019- 20. The company will soon launch women-only soft and hard luggage variants to remain afloat in the Rs 4,000-crore organised luggage industry.
VIP Industries is engaged in the manufacturing of hard luggages and soft luggages. The company operates through two segments - Luggage, Bags & Accessories, and Furniture.
