Vapi Enterprise Limited, established in 1974 and formerly known as Vapi Paper Mills Limited, initially focused on manufacturing paper and paper products, primarily serving the packaging sector with items like corrugated boxes and paper cones. Over the years, the company expanded its operations to include yarn processing under the Viptex brand, though this segment was discontinued in 2000-2001 due to market challenges. Today, Vapi Enterprise provides lease rental and job work services to various businesses.
The company, along with its associate firms, has been a significant player in the paper and packaging industry, producing a wide range of products including laminated and flexible printed packaging materials. Notable clients include Hindustan Lever, Godrej & Boyce, and Glaxo. In 1998, Atlas Paper Mills Pvt Ltd merged with Vapi Paper, further strengthening its market position. Despite past market volatility, Vapi Enterprise remains a key supplier in its sector.