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1/14: Are you curious to know about Safari Industries (India) Ltd - a leading luggage manufacturer in India? Follow this thread for an in-depth analysis of their business, company profile, and SWOT analysis. #SafariIndustries #IndianLuggage #BusinessAnalysis
2/14: Business: Safari Industries (India) Ltd is known for its diverse range of luggage products, including suitcases, travel bags, backpacks, and business bags. They have a pan-India presence and export products to over 50 countries. #SafariIndustries #IndianLuggage
3/14: Company Profile: Founded in 1974, Safari Industries (India) Ltd is headquartered in Mumbai, India. They have a strong brand image and a wide distribution network, including 18 exclusive showrooms and over 1,500 retail stores across India. #SafariIndustries #IndianLuggage
Read 15 tweets
Indian Luggage Sector
Safari Industries


Safari Industries FY19-20 AR is a good read compared to VIP Industries.

Company is also planning to Diversify in other segments of business in line with VIP Industries.

Few key points:
(1) To attract the foreign investments and to make more space for the FPIs/ FIIs to invest in the equity share capital of the Company, it is proposed to enhance the investment limits of FPIs/ FIIs in the Company upto 49% of the paid-up equity share capital of the Company.
(2) In order to meet with pace of changing business environment and needs, the Company proposed to enlarge its scope of operations. Accordingly, the Object Clause of the MoA Clause III A (2) shall be altered in order to cover wide range of business activities therein.
Read 24 tweets

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