A traditional Asta Lakshmi hip belt is a significant and ornate piece of jewelry typically worn around the waist or hips, especially in classical Indian dance forms like Bharatanatyam and Kuchipudi. This hip belt is characterized by its design inspired by Asta Lakshmi, which refers to the eight different forms or aspects of the Hindu goddess Lakshmi, who is the deity of wealth, prosperity, and good fortune.