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Big prices, bigger confidence: Inside Indian art’s breakout era

The Indian art market is experiencing a significant boom, characterized by record-breaking auction prices for established masters like SH Raza and MF Husain, and growing international visibility for contemporary artists at biennales and fairs. A new generation of high-net-worth collectors is driving this growth, building collections with greater intent, knowledge, and personal connection rather than pure speculation.

work of the week rabindranath tagore 2735663

Rabindranath Tagore's 1937 painting *From Across the Dark* sold for 107 million rupees ($1.2 million) at AstaGuru's "Historic Masterpieces" online auction, setting a new auction record for the artist. The work, executed in ink, poster color, and crayon, far exceeded its presale low estimate of 20 million rupees. Tagore's previous record was set at Sotheby's London in October 2023 for *Untitled (Three Bauls)*.