This beautifully embroidered piece is from central India madhya pradesh bhil vanjara gypsy(nomadic)tribe.
these pieces were used to decorate cattle during festivals and ceremonies.the pattern of embroidery is cross stitch and all the colors are natural dyes from stones and plants.
these kind of pieces are very rare to find and collectors items. 
IN SOME MOVIES THEY SHOW MYSTICAL WOMEN WEARING THESE AND EVEN THEY USE THESE FOR BELLY DANCING AND SOMETIME STITCH THESE ON CLOTHING ETC...