Sanjiv Mehta-led L Catterton India eyes proprietary deals as consumer market expands

Historically, pure purchasing of luxury items within the country has occurred through people purchasing items from places like New York, Milan, Paris, London and Dubai, he said. “But now, thanks to the Free Trade Agreements (FTAs) that India has entered into, I believe this will facilitate the sale of luxury goods in the country. In the next 10-15 years, Mehta said the luxury market in India must have strong roots.