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Last Updated : Jan 25, 2017 09:20 PM IST | Source: CNBC-TV18

Note ban hit some segments, but biz returning to normal now: VIP

Some business segments of VIP Industries were adversely affected by demonetisation but things are getting back to normal, says Chairman Dilip Piramal who spoke exclusively to CNBC-TV18.


Some business segments of VIP Industries were adversely affected by demonetisation but things are getting back to normal, says Chairman Dilip Piramal who spoke exclusively to CNBC-TV18.


He is quick to add the company has, in some ways, also benefited from demonetisation as the main competition -the unorganised sector- has been hit.


The luggage industry is doing well overall. For VIP, too, while growth has been slightly less than estimate it has been more than corresponding period of last year, he said.

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First Published on Jan 25, 2017 01:39 pm
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