Dark clouds of recession hover the economic horizon, yet the segment of luxury products have shown a considerable growth. India has many advantages with a huge market; mostly untapped, availability of cheap and skilled labor, and plenty of design skills, which offers a potential market for designer wears. Indian designer wear market has a lot of scope and potential to expand. As more international brands enter into the business arena, Indian market is likely to become more professional in its outlook.

References:

1. "Consumers and Designer Brands", A global Nielsen Report, April 2008, http://www.nielsen.com
2. 'High 'Value' Products, The Growth Engine in Recession Times, Apparel Online, February 16-28, 2009.
3. http://afdindia.wordpress.com
4. http://in.rediff.com