Seeing as I cannot say it better than the Lakme India Fashion Week peeps, here are excerpts from them:
For Lakme Fashion Week, A/W 2011, Sabyasachi Mukherjee used khadi, organza, net, silk and velvet and the beautiful thread work from Kashmir with Zardozi in shimmering silver with floral designs but restrained on bling; the show was an utterly satisfying experience of ethnic fashion that can be applauded anywhere in the world. He added touches of Kathak and Kathakali for the silhouettes and the music and presentation. 

Colour blocking was seen in black, brown, khaki, red, orange, white. There were Sunderban floral prints, wide silhouettes, immaculate tailoring along with simple styles which could truly be considered basic yet so impressive.

The famed Kashmir embroidery appeared on boleros, waistcoats, and edges of swirling kurtas, bundis, tunics, cholis, cropped tops, sherwanis, and dupattas. The wide Patiala salwars, the elephant pants, the flowing palazzos and the cowled pants matched perfectly with the smocks, tunics, kurtas, and jackets. The gleaming velvet smocks with embellished bodices and Patiala salwars were my favourites.
The saris with ornate borders at times split into velvet and net with shimmering edges were teamed with long sleeved embroidered cholis. 
Trends to wear: The austerity, simplicity and ethnicity of the outfits really made it for. There are so many basic elements of style  - The neatly folded dupatta cinched at the waist with a bow, the shimmering headbands worn with our traditional oufits for a twist, colour blocking solid monotones with floral dupattas, accenting both traditional and modern outfits with embroidered collars and velvet embroidered shoes, switching up the dupatta for worked-on boleros or waistcoats, switching up our leggings (gah..its time!) with voluminous patialas and wide legged palazzo pants - that we can (so easily) recreate ourselves and work the Sabyasachi Mukherjee look without breaking the bank.  An Indian Fashion Style Blog - Republic Of Chic is a thrilling visual essay on fashion from India and street fashion from around the world and occasionally, our daily personal outfits. Fashion blogs India. India Fashion blog. Fashion Bloggers India. Indian fashion trends 2011.Sabyasachi Mukherjee in fashion 2011. Fashion designers India.