Column | Indian art in a global context

The article examines the evolution of the Indian Modern and Contemporary Art market over the past three decades, noting a shift in financial power from New York and London to Mumbai and New Delhi. It highlights the pivotal 1997 auction 'The Intuitive-Logic II' organized by HEART (Tuli Foundation for Holistic Education and Art) as a catalyst, and traces the market's trajectory through a boom period (2000-2007), a stagnation and decline (2010-2018), and a current sustained rise.