Market Analysis
Indian Art Worldwide
 
Approx Sales Indian Art World Wide
  
   
The Graph is an indication of how the Indian Art market has grown over the last few years. One has taken account of approx sales figures of all Auctions / Gallerys / Private Dealers / Consultants / Promoters / Artist studio etc. Keeping in mind all public and private sales of Indian art accross the world.
This analysis has seen the market expand as far as turnover by a mulitple of 6 in the last 5 years. Both increasing in price as well as the number of artists.		  
Top 3 Indian Paintings
       
  S.H. Raza
Price:
Rs 16,51,34,000 		 
  Tyeb Mehta
Price:
Rs 14,40,00,000 		 
  Tyeb Mehta
Price:
Rs 12,43,66,000		  
       
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Contemporary Indian art – By Art Price.com
   
  ArtPrice  
 
Long considered as just one of the emerging movements in the BRIC countries (Brazil, Russia, India and China), Indian Contemporary art has managed to carve out a distinct place in the global art market with its own independent identity More 		 
Forecast Growth
  US Dollar - Million  
   
  Indian Art Market  
Best Selling Auction Artists
     
   
     
Art Buyers
   
Investments
Lists
Modern Art Percentage Change
Contemporary Art Percentage Change
Art Market by Medium
NEWS
Indian Art Scenario
     
  Harsh Goenka  
   
  Indian art market is now stable and somewhat rational and even competes with other forms of financial investment options for investors. There is good quality and there are discerning buyers. Indian market will keep growing as more and more people turn to art either to collect or to invest. It is a promising place to be in.

Harsh Goenka.
Chairman
RPG Enterprises 		 
   
     
  Tushar Sethi  
   
  The Indian Modern Art Market has held on to its prices in the last quarter of 2011. The established contemporary market did see prices fall in the second half of 2011. The upcoming year is looking better than last year. The second half of 2012 will see prices move in a strong and positive flow for the moderns and for the contemporary artists one will see prices come back to primary levels. Husain, Raza and Souza are looking the strongest in 2012. Other artists to look out for are R Broota, Manjit Bawa, Bikash Bhattacharjee and Badri Narayan. Tyeb is not expected to go up as last year saw a huge jump in price levels. The new young artists below US$ 20,000 are looking strong. This year one will see a few of the young artists cross the previous prices and touch record highs. Jitish Kallat was one of the stars of last year, one is expecting this year to be at the same price levels for this artist. We have 3 auctions coming up in January, so one should wait and watch what happens.

Tushar Sethi
Director :TheArtsTrust.com 		 
   
A Collectors Perspective
     
  Manoj Israni  
   
  The contemporary art scene is just not happening, Let’s face it. As far as India is concerned, the progressives are about what Indian art is all about today. If one sees some of the recent Indian art auction catalogues and their estimates on ones computer, More  
   
A Collectors Perspective
     
  Bijay Anand  
   
  There is a large segment of art connoisseurs as well as galleries that scoff at the notion of art as an investment. They stick their noses up at the suggestion of art as an asset class that might yield good returns over a period of time. For them art should be bought for art’s sake. More  
   
Auction