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Meet Isha Ambani's lesser-known relative who owns Rs 6368 crore business, Mukesh Ambani is his...

Dilip Piramal founded VIP Industries in 1970s and transformed it into a household name in bags and luggage across India.

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Mukesh Ambani's daughter Isha Ambani tied the knot with Anand Piramal, scion of the billionaire Piramal family, in 2019. While Anand's father Ajay Piramal leads the Piramal Group, his uncle Dilip Piramal is relatively lesser-known.

Dilip Piramal diverged from the family's textile business to establish VIP Industries, a leading manufacturer of bags and luggage. VIP Industries has a revenue of nearly Rs 6,368 crore.

Dilip Piramal founded VIP Industries in 1970s and transformed it into a household name in bags and luggage across India.

VIP Industries now has several successful brands, including Carlton, Caprese, Aristocrat, Skybags, and Alfa, under its wings.

A notable innovation attributed to Dilip Piramal is the introduction of four-wheel luggage bag technology in India, first pioneered in his Skybags brand. What commenced as a modest mill in Nasik has burgeoned into VIP Industries, now commanding a significant valuation of Rs 6368 crore.

Dilip's eldest daughter, Radhika, has played a pivotal role in propelling VIP Industries forward and currently serves as its Managing Director. Together, the father-daughter duo envisions steering the company towards achieving the billion-dollar revenue milestone.

Dilip Piramal's personal wealth is estimated at around Rs 4,000 crore, according to Forbes.

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