3.Baggit
Founded in 1990 by Nina Lekhi, Baggit is one of the most recognized handbag brands in India that manufacturers high-quality handbags for women at affordable prices. The company also manufactures and designs belts, caps, multi-utility pouches, wallets, and other related products. The brand first appeared at INXS, Mumbai and now has retail outlets in more than 61 cities across the country including Pune, Mumbai, Delhi, and Bangalore. Currently, Baggit has a net worth of more than INR 60 crores. Baggit also has a presence on e-commerce platforms such as Amazon, Flipkart, Myntra, and Jabong.
4.Caprese
VIP Industries, the company which dominates the luggage industry with a 52% market share, has been striving to make its iconic handbag brand Caprese a major growth driver for the organization. Caprese is positioned as a mass premium brand in India and is today one of the top brands in the ladies’ handbags market. Caprese’s handbags are offered at more than 800 points of sale across the nation, including company-owned stores, multi-brand dealers, franchisee stores, and some of the largest department store chains such as Pantaloons, Lifestyle, Shoppers Stop, and Central.
