Designer wear stitched for a boom

 The designer-wear segment of the fashion industry is expected to boom as Indian companies rush to invest hugely in it, an ongoing unpublished study by the Fashion Design Council of India and audit firm KPMG says.

 According to the study, the Indian fashion design industry is expected to grow to Rs 1,000 crore from the current Rs 180 crore within the next five to 10 years.

 But, the study cautions, the segment will boom only if conscious efforts are made to develop it and initiatives like corporatisation and developing pret or ready to wear clothing are taken.

 The total apparel market in India is estimated to be worth around Rs 20,000 crore. The branded apparel market