Intellectual Property Rights are a set of rights that provide and protect creators for their creation for a stipulated period of time. It consists of trademark, patents, copyrights and trade secrets. On the other hand, Fashion industry is an emerging sector which is responsible for setting up new trends, changing the perspective of viewers. Fashion Industry consist of clothing, shoes, bags, jewellery and much more. Every year, Fashion industry comes up with new design and products. Thus, it is important to safeguard these products and ideas in order to get its original owners, the respect and benefits, they hope for. The researcher in this paper has tried to explain two very famous concepts, Intellectual Property Rights and Fashion Industry, which are very much prevalent in and around the country. The researcher has tried to focus on the idea that IPR and Fashion industry are complementary to each other. Many different concepts of IPR like patent and trademark protect the components of Fashion Industry and will play even greater part in future via Job Opportunities and Indian economy. Along with popular and recent case laws, the author has also presented conclusion to this article.