Meet this close relative of Mukesh Ambani who has net worth of Rs 6368 crore, owns India biggest…

This man doesn’t carry the Ambani surname, but shares the same vision that has driven his company to success. Dilip Piramal’s company operates in over 50 countries and has over 8,000 retail stores in India. Check his company’s name and how he is connected to Mukesh Ambani’s family.



Published: September 25, 2024 12:58 PM IST


By Joy Pillai

Meet this close relative of Mukesh Ambani who has net worth of Rs 6368 crore, owns India’s biggest…

Success Story: We all know one of the world’s richest men, Mukesh Ambani, his wife Nita Ambani, and their children—Akash, Anant, and Isha Ambani. We are also familiar with his elder brother, billionaire Anil Ambani, his family, and their massive wealth. But do you know there is another close relative of Mukesh Ambani who has enormous wealth and is the owner of one of the largest companies in India? Although he doesn’t carry the Ambani surname, he shares the same vision that has driven his company to success. His company operates in over 50 countries and has more than 8,000 retail stores across India. We are talking about Dilip Piramal, the head of VIP Industries, India’s largest luggage manufacturing company. Let’s learn his story.

Who is Dilip Piramal?

Dilip Piramal is an Indian businessman, who is the head of VIP Industries, India’s largest luggage manufacturing company. We all know VIP brand and for decades, it has been a trusted travel partner brand for every Indians. Talking about Piramal being from a billionaire family, he chose not to join the family business and instead took the risk and established his own. He founded VIP Industries. Notably, Dilip’s brother Ajay Piramal, is the chief of the Piramal Group.

Dilip Piramal’s Education Qualification

Dilip Piramal was born in Mumbai on November 2, 1949, into a wealthy family. after completing his schooling, he earned his bachelors degree in Commerce degree from Sydenham College of Commerce and Economics in 1970. Piramal started his career in the family business and joined Morarjee Mills as a director in 1970. After that he was appointed as the director of Blow Plast, the parent company of VIP Industries.

What is Dilip Piramal’s relationship with the Ambani family?

Dilip’s brother Ajay Piramal is the chief of the Piramal Group and Ajay’s son, Anand Piramal, tied the knots with Isha Ambani. Isha is the daughter of billionaire businessman Mukesh Ambani. So, this is how the Piramal family connected to the Ambanis.

Took the Business to New Heights

When Dilip’s brothers started working on the family business, Dilip decided to carve his own path. He started VIP Industries and elevated it to new heights, making VIP the largest luggage manufacturer in the country. Not only that, under Dilip Piramal’s leadership several brands like Carlton, Skybags, Caprese, Aristocrat, and Alfa were launched. All these brands have become dominant in the market and household names in India.

Introduced Four-Wheeled Luggage Bag Technology

Dilip Piramal introduced the technology of four-wheeled luggage bags in India, initially through his label, Skybags. From a simple mill with humble beginnings in Nasik, VIP industries have flourished astronomically, with an estimated valuation of Rs 6368 crore now. Today, the company flaunts an impressive network of 8,000 retail shops and extends its partnership sphere to 50 countries worldwide.




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