The Rise of Indian Art
My name is Pavinder, did you enjoy my last article? This time I want to speak to you about how Indian art is starting to become very popular. India is growing more and more wealthy as the economy grows and there are more millionaires and billionaires than ever before. This obviously means that there are a lot more-wealthy people with money to spend on art and some will pay large sums of money to make sure they get the piece that they like. There has also been a rise in Chinese Investors over the last few years buying up artwork from all across the world. The increase in demand means that there has been a lot of focus on the art scene and art in India is becoming more popular with younger people. Also, a lot of younger people now get the chance to travel more so they experience art from other parts of the world and when they come home, they take inspirations from abroad. This can only have a positive impact on how Indian art evolves.
Recently at a Christie’s auction for Indian Art held at the Taj Mahal Palace in Mumbai, more than the equivalent of $12 billion dollars was raised all together. One piece sold for 150m rupees. The painting was of a Bull and was painted by Tyeb Mehta, one of my mother’s favourite artists. This is the first time Christie’s has held an auction in India so this shows how important India are now becoming in the art world.