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Company Name : VIP Industries Limited

Monday, February 11, 2019 5:53PM IST (12:23PM GMT)

(BSE:507880)(NSE:VIPIND)

Sudip Ghose Appointed Managing Director of VIP Industries Ltd.


To take over the role of Managing Director (M.D.) from April 1, 2019


Mumbai, Maharashtra, India

The VIP Industries Ltd board today approved appointment of Mr. Sudip Ghose as the Company’s new Managing Director with effect from April 1, 2019. Mr. Ghose is currently the CEO of VIP Industries Ltd.
 
 Mr. Dilip Piramal is the Chairman of the Company.
 
Ms. Radhika Piramal is the Vice Chairperson of the Company.
 
Announcing the appointment, VIP industries Ltd Vice Chairperson, Ms. Radhika Piramal said: “During the last few years, Sudip has been instrumental in driving the growth for the company. He has successfully built brands like Skybags, Aristocrat and steered the company on the path of sustainable growth. Sudip joined the organization as head of marketing in 2013 and in the last 6 years has made invaluable contribution in various capacities including sales and marketing. I am confident that under his leadership, the company will continue to grow.”
 
Mr. Ghose, was also appointed as an Additional Director of the Company with effect from Feb 08, 2019, will work as CEO till March 31, 2019, Consequently Mr. Ghose shall assume charge of Managing Director from April 1, 2019.
 
Prior to joining the Company, Mr. Sudip Ghose, has worked with Samsonite South Asia Pvt. Ltd, Onida, Whirlpool India, Reliance and Bausch & Lomb. He has over two decades of experience in Sales and marketing with expertise in strategic planning, integrated brand marketing, consumer behavior and insights. He is 46 years old and is an Executive Management Graduate from Narsee Monjee Institute of Management Studies in Mumbai, and has attended Clarion College of Communications for his Post Graduate Diploma studies.

About VIP Industries

Established in 1971, VIP Industries Ltd. is Asia's No. 1 luggage manufacturer. Its four factories produce nearly five million pieces a year, making it the second largest producer of luggage in the world. The state-of-the-art VIP Design Lab at Nasik has to be credit several international patents and design registrations. Since inception, the company has kept in step with the changing need and taste of the discerning and quality conscious traveler. VIP Industries already has a global footprint with its products available not just across India but also all over Middle East, the UK, USA, Germany, Spain, Italy and select African and South East Asian countries. The company offers its products primarily under the brands of VIP, Carlton, Skybags, Caprese, Alfa and Aristocrat.


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News Summary

The VIP Industries Ltd board today approved appointment of Mr. Sudip Ghose as the Company’s new Managing Director with effect from April 1, 2019. Mr. Ghose is currently the CEO of VIP Industries Ltd.