ABG, Reliance double down on homegrown fashion as India's soft power rises

Forbes India panel with Masaba Gupta and Anaita Shroff Adajania spotlights conglomerate bets on Indian designer labels — including Aditya Birla's majority stake in House of Masaba — as global peers Prada and Ralph Lauren take cues from Indian craft.

— Source publishedFri, 19 Jun, 2026, 15:00 IST·First seen Fri, 19 Jun, 2026, 15:04 IST·Source Forbes India

What happened

House of Masaba · Forbes India panel with Masaba Gupta and Anaita Shroff Adajania discusses India's rising fashion soft power, billionaire women shaping luxury,

Why this matters

The window to acquire founder-led Indian couture brands at strategic-but-reasonable multiples is closing fast—shortlist targets with defensible craft moats and exportable narratives before ABG and Reliance sweep the remaining tier-one names.