Mumbai Event report
FEBI - IFCCI Roundtable Meeting with Luxury Industry
IFCCI in association with FEBI hosted an exclusive closed-door Roundtable Meeting with the Luxury Industry on 21st March 2025 at Taj Palace, Mumbai.
FEBI – IFCCI Roundtable Meeting with the Luxury Industry
Friday, 21st March 2025 | 9:00 AM – 10:00 AM
The Taj Mahal Palace, Mumbai
The Indo-French Chamber of Commerce & Industry (IFCCI), in collaboration with the Federation of European Business in India (FEBI), hosted an exclusive closed-door roundtable meeting on 21st March 2025 at The Taj Mahal Palace, Mumbai. The session brought together senior representatives from leading French and European luxury brands to deliberate on policy developments, strategic priorities, and the evolving luxury landscape in India.
Held alongside the 2nd edition of the IFCCI Luxury Symposium, the roundtable served as a key platform to exchange views on opportunities for growth, sector-specific challenges, and the ongoing India-EU Free Trade Agreement (FTA) negotiations.
The discussion featured remarks by Ms. Payal S. Kanwar, Director General, IFCCI, who welcomed all attendees and reaffirmed IFCCI’s continued efforts in advocating for a favourable regulatory framework for the luxury sector in India. Ms. Bénédicte Epinay, CEO, Comité Colbert, who spoke on the growing importance of luxury as a strategic sector and emphasized the need for collaborative solutions between industry and government to support its long-term growth.
Ms. Swagata Bottero, Vice Chairperson, IFCCI Luxury Committee and India Affairs & Strategy Director, Cartier, focused on the importance of skilling and workforce development in the luxury retail and watchmaking sectors, and encouraged brand-led initiatives to strengthen local expertise.
Ms. Sonia Prashar, Secretary General, FEBI, provided updates on the latest round of India-EU FTA talks, highlighting areas of progress and the complexity of negotiations, while stressing the need for structured industry input to shape outcomes.
The conversation touched upon potential areas of collaboration, policy alignment, and emerging market opportunities, particularly within the context of the anticipated India-EU FTA. Participants also discussed the need for a long-term, enabling policy environment that supports luxury investment and recognizes the sector’s contributions to employment, upskilling, and innovation in India.
This high-level engagement reinforced the growing Indo-European luxury partnership, with IFCCI and FEBI continuing to work jointly towards a stronger, more collaborative ecosystem for the luxury industry in India.
