
moomal
Just over a decade ago it would have been difficult to imagine the scale of global interest currently generated by Indian art, a phenomenon that has been reflected in the record prices fetched in sales of artworks.While art markets in the US, UK and several other countries have taken a blow with top auction houses like Christie's and Sotheby's selling below estimated prices, Indian artists together with their Chinese counterparts have been able to sufficiently weather the storm so far.The art market in India growing at 35 per cent today stands at approximately over Rs 1500 crores. In the European circuit, Indian art today commands a value, which is 300-400 per cent higher than what i...
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