Italian luxury brands are targeting the vast potential of the Indian market and are looking for prime real estate and partners here.
Ferragamo has already set up shop here. Others to follow include Gucci, Prada, Versace, Armani, Ferretti, Moschino, Cavalli, Valentino.
Besides single-brand stores, an entire Italian mall in Delhi is planned by 2008, complete with authentic Italian restaurant and cafe.
Other plans include manufacturing in India, providing cutting-edge technology that could transform furniture and textile design, designer collaborations, training courses in Italy for young Indian designers