London, February 27 The chairman of East India Company, of Indian origin, emphasized on Friday that the holding company and brand remain intact and are positioned for "long-term stability and growth" as part of a major business pivot led by investors.
Sanjiv Mehta, born in Mumbai, revived the historic brand in 2005, reversing its trading fortunes from being infamously associated with the colonization of India until it was dissolved in 1874.
The entrepreneur expressed surprise at some recent media reports claiming that the revived East India Company had suffered a similar fate.
"The East India Company (EIC) is very much alive; the brand-owning and holding company entities remain intact, and all intellectual property and core brand assets are fully preserved," Mehta told