IPS Housewares : A Resilient Business Opportunity for Forward-Thinking Entrepreneurs
In a world of economic uncertainty and evolving consumer preferences, VM Packaging & Home Appliances Pvt. Ltd. presents a business opportunity that stands strong through market cycles. Founded in 1982, IPS Housewares is the proud manufacturer of the iconic NELCO Pressure Cooker, a revolutionary product that quickly earned the trust of Indian households. Over time, the brand became synonymous with value for money, reliable performance, and enduring quality.
With decades of experience in the home appliances sector, VM Group has consistently evolved to meet the growing and changing needs of customers. In 1996, it launched ‘IPS’ Thermowares & Kitchenwares, which stands for Innovative Product Series. This product line has not only enriched kitchens across India but has also introduced multiple innovations that continue to define industry standards.
The group’s venture into corporate gifting and packaging in 2001 marked another milestone. Building associations with established names like Dabur, Emami, and Resinova, VM Group has proven its capability to diversify and expand while maintaining its core commitment to quality and customer satisfaction. From kitchen essentials to thermowares to corporate solutions, the group’s journey is a testament to its adaptability, vision, and resilience.
Who Can Join the VM Group Business Network?
VM Packaging & Home Appliances Pvt. Ltd. is now opening its doors to ambitious individuals looking for a rewarding business path. Whether you're a newcomer to business, an experienced sales professional, a trader, or someone seeking to modernize a traditional business, this opportunity is for you. What matters most is your passion to grow, your desire to be independent, and your ability to build strong customer relationships.
You don’t need vast resources or years of experience. If you have a positive mindset, willingness to learn, and basic managerial capabilities, VM Group provides you with everything else to help you succeed—from product knowledge and operational guidance to branding support and logistics.
Why Partner with VM Group?
The company offers numerous compelling advantages that make it stand out:
Setup Requirements
To get started, all you need is an operational space of around 250 sq. ft., a commitment to building lasting relationships, and the drive to create a positive impact in your market. Prior experience in customer service or sales is beneficial but not essential.
Join a Legacy of Innovation and Trust
In today’s rapidly changing world, businesses must offer more than just products—they must offer reliability, adaptability, and vision. VM Group combines all three, offering partners an opportunity to grow alongside a brand built on decades of excellence. This is not just a distribution model—it is a long-term collaboration that empowers individuals to succeed with the backing of an established industry leader.
Operations Commenced On 1982
Distribution Commenced On 1985
Types of Channels | Investment (If any) | Margin / Commissions | Area Requirement |
---|---|---|---|
DSA | Rs. 10lakh - 20lakh | 35% | NIL |
Exclusive territorial rights to a channel partner Yes
Performance guarantee to Channel Partner Yes
Anticipated percentage return on investment 150 %
Likely pay back period of capital for a Channel Partner 1-2 Years
Other investment requirements For maintaning Stock & inventory
Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttaranchal
Kerala, Karnataka, Tamil Nadu
Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Odisha
Gujarat, Rajasthan, Maharashtra, Goa
Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand
Andaman and Nicobar, Pondicherry, Chandigarh, Lakshadweep, Daman and Diu
Floor area requirement 200 - 250 Sq.ft
Preferred location of unit dealership outlet Any
Do you have a standard dealership agreement? Yes
How long is the dealership term for? 5 Years
Is the term renewable? Yes
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