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The Indian art market is setting global records

The art market is booming like never before, thanks to global interest and fierce bidding

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Visitors at ‘ShowKeen’, AstaGuru’s annual exhibition conceptualised to serve distinguished collectors and art connoisseurs. Photo courtesy: AstaGuru

The year 2005 was a watershed moment in the Indian art market. From rarely any activity in the early years of the new millennium to the sudden surge in art trading, the market became vibrant, only to be hit hard by the global recession in 2008. But the Indian art community had tasted blood. A resurgence was soon on its way, and by 2015, it was well and truly established.

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