India's largest and oldest travel wear-maker VIP Industries would soon be promoting their modern and contemporary skybags brand targeted at the youth.
The company also launched their super premium range luggage brand 'Calrton' in the Indian market and is looking to grab more market share with their new products. In an interview with CNBC-TV18, Dilip Piramal, chairman of VIP Industries said,"We are looking forward to very good next year, followed by equally successful growth in the current year where we will have about 20% growth." Below is the verbatim transcript of Piramal's interview with Latha Venkatesh and Sonia Shenoy of CNBC-TV18. Also watch the accompanying video. Q: What are your expectations from the organized luggage market? You claim to increase your market share because of the couple of new launches in your product category. Can you tell us more about these new launches, how they will impact your market share and eventually what kind of a revenue contribution would this have? A: We are in the last month of the current year and I donDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
