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East India Co is back, with Indian owner MUMBAI: Over 400 years after it was first established, the East India Company has relaunched in a new avatar — a luxury goods brand. At its peak, the company was responsible for 50% of global trade, employed a third of the British workforce and ruled much of India. Now, the brand will sell luxury gift sets, teas, coffees, jams and other goods inspired by the East India Company’s history through its new e-commerce website. The site, and the company’s flagship store in London, was launched on Independence Day. Mumbai-born owner Sanjiv Mehta, 48, says he is just a trustee of a brand that he is taking through the next stage of its history. ‘‘The winds are blowing eastwards and I see the East India Company as a brand tomorrow’s India can build upon,’’ he says. Back |
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