I remember this fabric from this post on Tumblr from 2013, which I reblogged on our Tumblr. In the post I mentioned that I found something similar in the market and that I will post the pictures once I make something interesting using that fabric. Here is the fabric that I found on Tumblr and started searching for the original source for this picture. I couldn't find a source page for this picture and at this point I am sure that it is a vintage piece. Since I am not sure about the origin, based on the pattern, I can guess it was made in Kashmir.
But I was very lucky while roaming aimlessly, bazaar to bazar in Madras about eight-nine months ago, I came across a similar fabric. I jumped with joy as I saw the fabric and I bought some of it.
I know it isn't exactly same but the color combination and structure looks pretty awesome.
Here is the outcome - a lovely raw silk cushion cover - click on the picture to buy this beautiful handmade cover.