Shivika Goenka on Partnering with Falguni Shane Peacock, Building Global Indian Luxury, and the Future of Fashion

As Indian fashion charts its path toward global recognition, a new generation of strategic minds is quietly reshaping the landscape. Shivika Goenka, Director of Luxury and Education at RPSG Group, has quietly become one of the key forces shaping the next chapter of Indian fashion. She has helped steer the Group’s investment in Falguni Shane Peacock and guided the partnership, adding a new layer to the label’s craft and its global ambitions. That vision comes through in the newly opened Falguni Shane Peacock flagship at Jio World Plaza, Mumbai, the first major milestone since the collaboration began, where Indian and Western couture sit together in a space designed to offer a more thoughtful, immersive retail experience. In an exclusive conversation with Robb Report India, Goenka reflects on the intention behind the flagship and how she sees Indian luxury evolving.

Robb Report (RR): What made Falguni Shane Peacock the right entry point for RPSG into luxury fashion?

Shivika Goenka (SG): Falguni Shane Peacock sits at the perfect intersection of creativity, design strength, and global relevance. We are investing not just in a label but in a powerful creative IP, a distinctive aesthetic, and a brand that has consistently demonstrated international appeal. For RPSG, this acquisition is about shaping global Indian luxury houses by pairing bold design with structured, long-term scale.

RR: What do you think about India’s position in the fashion space?

SG: India is moving from being a major consumer of global luxury to becoming a meaningful creator. With a rapidly growing affluent base, a thriving wedding and occasion-wear economy, and deep creative capabilities, India is no longer on the sidelines. We are emerging as a genuine growth engine for global luxury, with the potential to build maisons of our own.

RR: What does your vision board look like with this collaboration with Falguni Shane Peacock?

 SG: The vision is to build a globally recognised Indian luxury house. We want to enter new markets, strengthen the larger design and production ecosystem, and create experiential retail destinations like our Jio World Plaza boutique. RPSG brings governance, long-term capital, and organisational depth, while the designers retain creative freedom. It is about scaling thoughtfully and amplifying what already makes the brand iconic. 

RR: The meaning of luxury in the fashion space is changing. What is your take?

SG: Luxury today is about meaning and emotional resonance. People value intentional spaces, authentic stories and products that feel personal rather than transactional. Experience matters as much as the product. The new FSP boutique captures this shift beautifully; it invites exploration, honours the brand’s heritage and feels deeply connected to its creative spirit.

RR: How do you plan to grow the brand without diluting its exclusivity and craftsmanship?

SG: By being disciplined about what remains unchanged. The creative vision, the design language and the brand’s identity are non-negotiable. Our role is to scale responsibly, strengthening systems, entering the right markets and building long-term capability without compromising the artistic essence. Exclusivity grows when a brand deepens its value, not when it expands without intent.

RR: Which international markets are you targeting first, and what's the retail strategy?

SG: We will focus on regions where Indian couture already has a strong affinity, such as the Middle East, the UK and North America. The approach is flagship-led, creating immersive, design-driven destinations that showcase the full brand universe. It is a thoughtful expansion, designed to introduce the brand with clarity rather than breadth. 

RR: What is the future of fashion, according to you?

SG: The future lies at the intersection of heritage, innovation and cultural relevance. Brands that balance strong creative identities with disciplined scale and meaningful storytelling will define the next chapter. For India, this is a pivotal moment to build global luxury houses that stand confidently on the world stage.