يحاول ذهب - حر

When Prada prices our heritage

December 15, 2025

|

Financial Express Mumbai

IT REVEALS GLOBAL APPETITE FOR INDIAN DESIGNS—AND INDIA'S FAILURE TO MONETISE THEM

- AJAY SRIVASTAVA

WHEN LUXURY ITALIAN fashion house Prada showcased sandals resembling Kolhapuri chappals in its Spring/Summer 2026 men’s collection—selling them as luxury items without acknowledging their Indian origin or the artisans behind them—it triggered a swift backlash in India, including legal notices, social media outrage, and a public interest case.

Although Prada denied violating Geographical Indication (GI) rules, it later explored working with Indian artisans.

The controversy sparked a debate over foreign brands using India’s heritage and GI products, but it reveals a bigger issue: While Indian designs inspire global luxury markets, India rarely captures the premium value they generate.

Gls are meant to prevent precisely this. A GI certifies that a product originates in a specific place and derives its distinctive qualities, reputation, or characteristics from that geography. Climate, soil, traditional knowledge, and local craftsmanship all play a role.

Gls cover agricultural products, food items, natural goods, and manufactured products. In theory, they protect authenticity and ensure that value accrues to local producers. In practice, India’s GI system remains under-leveraged.

India today has around 650 registered GI products, a sharp increase since Darjeeling tea became the country’s first GI-tagged product in 2004-05. Yet the global comparison is sobering. The European Union has more than 3,400 GI registrations, spanning food, wine, and spirits, while China leads the world with over 7,200 GI products.

المزيد من القصص من Financial Express Mumbai

Financial Express Mumbai

United Breweries steps up premium push in beer

UNITED BREWERIES (UBL), best-known for its Kingfisher beer brand, has raised the innovation quotient in the mainstream strong beer category, launching Kingfisher Smooth, in Rajasthan, aimed at providing a less bitter experience to consumers.

time to read

1 mins

January 10, 2026

Financial Express Mumbai

Takes the DaVinci Code to the road

THE USP OF THIS SUV IS ITS SUSPENSION NAMED AFTER THE RENAISSANCE GENIUS

time to read

2 mins

January 10, 2026

Financial Express Mumbai

Record ₹8L-cr m-cap loss in 9 days

BENCHMARK EQUITY INDICES extended losses for a fifth consecutive session on Friday, as investors remained in a risk-off mode amid US-India trade concerns and escalating geopolitical tensions.

time to read

1 min

January 10, 2026

Financial Express Mumbai

Govt's AGR lifeline to lift Vi's funding prospects

Telco gets 10-yr moratorium

time to read

2 mins

January 10, 2026

Financial Express Mumbai

Onion prices fall sharply on robust kharif harvest

WITH THE ARRIVAL of kharif harvest picking up and export prospects sluggish, wholesale prices of onion have declined to ₹1,600 per quintal from ₹1,900 just 10 days ago at Lasalgaon, Maharashtra, the hub of trade.

time to read

1 mins

January 10, 2026

Financial Express Mumbai

Pension funds may be allowed direct investment in infra

Regulator to set up expert panel

time to read

2 mins

January 10, 2026

Financial Express Mumbai

US exit from solar alliance to have little impact: Industry

THE US PULLING out of the International Solar Alliance (ISA) is expected to have minimal impact on Indian renewable energy companies due to their growing manufacturing prowess in solar equipment, industry executives and consultants said.

time to read

1 mins

January 10, 2026

Financial Express Mumbai

EV sales momentum to slow down in 2026

CHINA'S RETAIL SALES of newenergy vehicles (NEVs) are set to expand at a slower pace this year as government-backed trade-in subsidies are gradually phased out, removing a key pillar of support for the world's biggest auto market.

time to read

1 min

January 10, 2026

Financial Express Mumbai

Investors turn focus back to offline sports startups

INVESTOR INTEREST IN offline sports startups is showing signs of revival as participation in organised sports rises and business models in the sector mature.

time to read

2 mins

January 10, 2026

Financial Express Mumbai

Nearly 73% fertiliser demand met via domestic output: Govt

NEARLY 73% OF the country's fertiliser requirement was met through domestic production, according to an official statement on Friday.

time to read

1 mins

January 10, 2026

Listen

Translate

Share

-
+

Change font size