Radhika Piramal

38 VIP Industries

Radhika Piramal has been busy giving a makeover to family-owned VIP Industries – repositioning it as a youth brand , introducing hip and fashionable luggage, backpacks, gym bags and duffle bags, and relaunching India’s first strolley brand, Skybag. Since she took over the reins of the company as Managing Director in 2010, VIP has posted impressive financial results. In 2015/16, the company’s total income grew by 16 per cent to `1,216 crore while its profit after tax surged over 32 per cent to `63 crore. The stock has gained over 25 per cent in the past one year. However, the tough competition from foreign players, such as Samsonite and Delsey, will keep her busy for a while. ~

SMART MOVE Repositioning VIP as a lifestyle brand with a focus on youth has been Radhika Piramal’s forte