The East India Company, the powerful British trading firm that once ruled large parts of India, has closed down once again. The original East India Company had gone dormant nearly 152 years ago. It was later revived in 2010 by Indian entrepreneur Sanjiv Mehta, who bought the rights to the name. Sanjiv Mehta’s revival dreamWhen Sanjiv Mehta acquired the brand name in 2010, many saw it as a symbolic moment. Mehta opened a 2,000 sq ft luxury store in Mayfair, London, selling premium teas, chocolates, and spices.

Source: News 24 February 27, 2026 06:26 UTC