It’s an exciting time for Indian art, with biennales and other art exhibitions commanding centre stage on the nation’s cultural calendar. These prestigious events aim to democratise art, thereby making it more accessible to an ever-growing audience, and to feature as a platform for art practitioners to exchange ideas, both scholarly and creative. At the core of it, however, their purpose is to facilitate business within the industry that is growing in spades, with increased sales and a rising presence in the global art market. The 2024 Hurun India Art List reported that sales by the country’s top 50 artists reached a record-breaking Rs 301 crore last year, which marks a 19 per cent increase from 2023 — a significant growth fuelled by India’s economic strength, a rise in disposable income and art being increasingly considered a valuable investment, a safeguard against inflation.
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