India, March 24 -- Handbags have transcended their functional purpose to become an integral part of the fashion identity. They reflect their owner's individuality (Hello, Shalini Passi!) and aspirations as well as the cultural, social, and economic context of their time. In an interview, Mohit Jain, founder and CEO of Miraggio, Seema Gandhi, founder of Kacko Lifestyle and Rohit Agarwal, founder and business head of Urban Space, told HT Lifestyle that new-age bags are an extension of one's personality and values. Also read | Karan Johar flaunts quirky Rs.18 lakh Hermes Shark bag

Mohit Jain said, "Handbags were once mere tools, silent companions to a life dictated by convention. But as women shattered glass ceilings and rewrote narratives,...