Skybags Company Profile, Origin Country, Market Cap

Skybags is an Indian travel and lifestyle accessories brand owned VIP Industries Limited, an Indian luggage manufacturing company. Skybags is known for its line of youth-focused travel and lifestyle accessories. It offers a wide range of products, including backpacks, duffel bags, laptop bags and trolleys. The products sold under Skybags brand are known for their stylish and functional designs. Skybags is mainly focused on trendy designs, vibrant colours, ergonomics, lightweight materials, and durability.

Skybags

Detail Info
Founded 2011
Founder Dilip Piramal
Headquarters Mumbai, Maharashtra
CEO Neetu Ghoshal
Sector Baggage, Travel Pack

Company Profile

Skybags was launched in the year 2011 by VIP Industries Limited as a soft luggage brand. Its initial target was the youth population through vibrant designs at affordable rates.

Skybags distinguished itself with the help of multiple innovative features, including waterproof backpacks, ergonomic designs and printed polycarbonate luggage. Furthermore, the brand pioneered four-wheel luggage technology in India. In the early 2000s, Skybags expanded to duffels, backpacks and travel accessories. By the year 2017, Skybags became the key revenue generator for VIP Industries Limited.

Skybags has a distribution network comprising of more than 8000 retail outlets in India. It also has a strong presence on e-commerce sites and hypermarkets. Skybags is the largest group brand by share, contributing around 33% to the revenues of VIP Industries Limited. Recent launches by the brand include themed backpack series in collaboration with Archies and trekking gear under Trek Ready collection like the 42L Sonic Pro backpack. Skybags invests heavily in promotional campaigns, with celebrities like John Abraham and Varun Dhawan endorsing its products.

Origin Country

Skybags originated in India and remains a major brand of an Indian company. Apart from India, the brand’s products are sold in more than 50 countries worldwide through VIP’s distribution network.

Market Cap

Skybags does not have a market capitalisation since it is a subsidiary of VIP Industries Limited. Market capitalisation of VIP Industries Limited, as of October 2025, is INR 60.86 billion.

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