Fawad, 34, made his Bollywood debut with 2014 film "Khoobsurat" in which he was paired opposite Sonam Kapoor. He starred in this year's hit "Kapoor & Sons".
The actor is currently shooting Karan Johar's "Ae Dil Hai Mushkil", which also features Aishwarya Rai Bachchan, Anushka Sharma and Ranbir Kapoor.
"I would be very excited to work with Deepika. It would be an amazing experience. I am very excited and enthusiastic about it. It would be the two right words to describe my feelings about our collaboration," said Fawad, who walked the ramp along with Deepika at Manish Malhotra's couture show.
The actor said he admires Bollywood actor Jackie Shroff's "rockstar" style sense.
"I love Jackie Shroff's style. I always felt that fashion is an attitude, it is how you wear, how you carry. I think he is a rockstar of fashion."