Markert Analysis

The graph above indicates the current buying trend for Indian art. A majority of the buyers are Indians living in India and this contributes to approximately 46% of the global Indian art buyer base. Currently, Indian buyers comprise of Collectors, Art Funds, 5 Public and Private Funds– US$ 90 Million, Speculators, Corporate, Museums and NGO’s & Trusts. The non-resident Indians have been acquiring art from International auctions and contribute to 36% of the buyer base followed by the non-Indians at 18%.This graph shows Indians living in India to have increase their acquisitions over the last few years.