Jean Cassegrain at Longchamp launch in Delhi
August 3, 2016 14:27 IST
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India is an infant in terms of the luxury market because what is on offer is quite limited, says Jean Cassegrain, CEO of French luxury house Longchamp. He feels the tax and duty structure and lack of real estate options are "major hurdles" in his brand's foray in the country. Longchamp opened its first flagship store for the Indian market last week in the capital.