Anand Piramal, the spouse of Isha Ambani, belongs to the affluent Piramal family, and Dilip Piramal, his lesser-known uncle, is the chief of India’s largest handbag company.
In 2019, Isha Ambani, the daughter of Mukesh Ambani, married into the billionaire Piramal family. Anand Piramal, Isha Ambani’s husband, is the son of Ajay Piramal, the head of Piramal Group. However, only a few individuals are aware of Dilip Piramal, the elder brother of the billionaire.
Dilip Piramal is Anand’s uncle and Ajay Piramal’s elder brother, who leads the Piramal Group. Nevertheless, He deviated from the family’s textile business and opted to head his own venture, VIP Industries.
As the chairman of VIP Industries, He oversees the production of VIP bags and luggage, establishing it as India’s largest manufacturer in the industry. With his guidance, VIP Industries has achieved a revenue of approximately Rs 6368 crore.
During the 1970s, Dilip Piramal initially worked in the family business. However, after his father’s demise, his brothers Ajay and Ashok took charge of the Piramal Group, while Dilip ventured into forming his own company, VIP Industries, which manufactures bags and luggage across India.
In addition to VIP bags, Dilip Piramal successfully launched several renowned brands under his company, including Carlton, Caprese, Aristocrat, Skybags, and Alfa, which enjoy significant popularity in India.
Dilip Piramal pioneered the introduction of four-wheel luggage bag technology in India, initially implemented in his brand Skybags. VIP Industries, which originated from a small mill in Nasik, has now evolved into a Rs 6368 crore company.
Dilip’s eldest daughter, Radhika, played a crucial role in boosting VIP Industries and presently holds the position of Managing Director in the multi-crore firm. The father-daughter duo envisions taking the company to the billion-dollar revenue milestone.
While the Piramal family’s combined net worth stands at approximately USD 5.8 billion, Forbes estimates his net worth to be around Rs 4,000 crore.