1971
200
₹ 30,00,000
₹ 5,00,000
₹ 50,00,000
No
The VIP Bags Franchise offers entrepreneurs the chance to represent one of India’s most iconic and trusted luggage brands. Known for premium-quality suitcases, duffel bags, backpacks, and travel accessories, VIP Bags caters to both domestic and international travel needs.
The brand’s strong reputation, global design aesthetics, and market-leading innovation ensure consistent customer demand. VIP Bags stores are designed to offer a modern retail experience, with attractive visual merchandising, organized product categories, and customer-friendly layouts that boost sales.
With rising disposable incomes, increasing domestic and international travel, and a growing preference for branded luggage, the Indian luggage market is experiencing strong growth — making VIP Bags a high-potential franchise choice.
Unique Selling Points & Market Advantages:
Legacy of Trust: Over 50 years of brand credibility and leadership in India’s luggage industry.
Strong Brand Recall: VIP is a household name recognized across urban and semi-urban India.
Diverse Product Range: Catering to premium, mid-range, and budget-conscious customers.
Growing Market Demand: The Indian luggage market is projected to grow at a CAGR of over 8% due to increasing travel and lifestyle upgrades.
High ROI Potential: Attractive profit margins and fast inventory turnover.
Marketing Strength: Backed by nationwide advertising campaigns, celebrity endorsements, and seasonal promotions.
Low Business Risk: Established systems, loyal customer base, and steady year-round sales.
Established Year: 1971
Founder: Dilip G. Piramal
Company Name: VIP Industries Ltd.
Industry Category: Retail – Luggage & Travel Accessories
VIP Bags is the flagship brand of VIP Industries Ltd, one of the largest luggage manufacturers in Asia and among the top five in the world. Founded in 1971, VIP revolutionized the travel gear market in India by introducing innovative, durable, and stylish luggage for every type of traveler.
Headquartered in Mumbai, VIP Industries owns popular sub-brands like Skybags, Aristocrat, Carlton, and Caprese, catering to diverse consumer segments. With over 1,000 retail touchpoints including exclusive brand outlets, multi-brand stores, and e-commerce presence, VIP Bags enjoys unmatched market visibility.
The company’s 50+ years of experience, commitment to quality, and continuous innovation have earned it the trust of millions of customers, making it a household name in India’s travel and lifestyle sector.
VIP Industries ensures that franchise partners receive comprehensive support at every stage:
Pre-Launch Support:
Location selection and store layout guidance.
Assistance with legal agreements and documentation.
Interior design, branding, and visual merchandising setup.
Operational Support:
Dedicated franchise manager for day-to-day assistance.
POS system training for smooth billing and inventory control.
Standard Operating Procedures (SOPs) for store operations.
Marketing & Promotional Support:
National-level marketing campaigns.
Seasonal sales promotions and festival offers.
Social media and influencer marketing support.
Product & Sales Training:
Regular product knowledge sessions for store staff.
Upselling and cross-selling techniques to maximize sales.
Ongoing Support:
Inventory restocking and product updates.
Continuous monitoring to ensure brand compliance.
Regular performance reviews and sales growth strategies.
The VIP Bags Franchise is an excellent opportunity for individuals or business groups who want to enter India’s fast-growing retail and travel accessories sector with a trusted, market-leading brand. The ideal franchisee should be:
Entrepreneurial & Growth-Oriented: Passionate about retail, brand-building, and delivering exceptional customer experiences.
Financially Capable: Able to invest between ₹30 – ₹50 Lakhs with sufficient working capital to run operations smoothly.
Retail or Business Experience: Prior retail experience is preferred but not mandatory. Enthusiastic first-time investors with strong management skills are also welcome.
Customer-Centric Mindset: Willing to maintain VIP’s high service standards, store aesthetics, and brand values.
Location Advantage: Capable of securing a premium location in shopping malls, airports, high streets, or busy commercial hubs to ensure maximum visibility and footfall.
Commitment to Long-Term Partnership: Ready to work closely with VIP Industries, follow operational guidelines, and implement marketing strategies for sustained growth.
In short, the ideal VIP Bags franchise partner is someone who combines business acumen, a customer-first approach, and the ability to represent a legacy brand with pride.
| Particular | Details |
|---|---|
| Total Investment Required | ₹30 – ₹50 Lakhs |
| Franchise Fee | ₹5 – ₹7 Lakhs |
| Infrastructure Cost | ₹20 – ₹35 Lakhs |
| Marketing Budget | ₹2 – ₹5 Lakhs |
| Working Capital | ₹3 – ₹5 Lakhs |
| Royalty Fees | ~8% of sales |
| Expected ROI | 25% – 35% annually |
| Break-even Time | 18 – 24 months |
Potential Revenue Streams – VIP Bags Franchise
A VIP Bags franchise benefits from multiple revenue channels, ensuring stable earnings and diverse income opportunities. These streams include:
Retail Sales of Luggage & Travel Gear
Core income from the sale of suitcases, trolley bags, duffel bags, backpacks, and business travel cases.
High-demand categories with consistent year-round sales, boosted during festival and holiday seasons.
Seasonal & Festive Promotions
Additional revenue through Diwali, Dussehra, Christmas, and New Year offers that drive high customer traffic.
Exclusive product launches and limited-edition collections during peak travel seasons.
Corporate & Institutional Orders
Supplying luggage and travel accessories for corporate gifting, employee rewards, and events.
Partnerships with companies for bulk orders increase average ticket size significantly.
Luggage Accessories Sales
Upselling locks, luggage covers, packing cubes, and travel organizers to existing customers.
High-margin add-on products that boost per-customer spending.
Airport & Travel Hub Sales
Premium location sales at airports, bus terminals, and metro stations catering to last-minute travel buyers.
Higher price acceptance in such locations, improving profitability.
Cross-Selling with Other VIP Industries Brands
Opportunity to sell products from Skybags, Aristocrat, Carlton, and Caprese within the same outlet.
Broader product variety increases sales volume and customer retention.
In essence, a VIP Bags franchise generates income not only from regular walk-in customers but also from corporate partnerships, seasonal campaigns, and upselling strategies, leading to a healthy and diversified revenue portfolio.
