India to Lead Global Fashion Trends by Festive Winter 2026-27, Says New Report

• India is transitioning from adapting global fashion trends to actively shaping them, influencing international aesthetics.
• A new trend forecast report by ICH Next and Peclers Paris predicts India's fashion and lifestyle market to exceed USD 240 billion by 2026-27, growing over 10% annually.
• The report emphasizes the need for a localized approach to trend forecasting in India due to its diverse market, festival-driven demand, and strong cultural meanings.
• Key fashion themes for 2026-27 are shaped by an "anchor" mindset, reflecting consumers' desire for meaning, grounding through nostalgia, nature, and craft.
• Indian crafts like brocades, block prints, kantha, and mirror work are reinterpreted into contemporary silhouettes, enriching Western themes with warmth and emotional depth.

Why It Matters: India is set to become a global trendsetter in fashion and lifestyle by 2026-27, driven by its unique cultural identity.