VIP is a formidable play on luggage market in India .......................................... 5 Investment Argument............................................................................................. 7 Organized luggage industry on cusp of higher growth ....................................... 7 VIP all set to ride the growth phase in luggage industry................................... 10 Creating twin levers of growth .......................................................................... 15 Channel checks indicate brand pull for Skybags is high; Carlton is a sturdy product ............................................................................................................. 16 Competitive landscape of the luggage industry ................................................ 17...