Record aux enchères en Inde
The Indian art market has reached a new milestone with the sale of Raja Ravi Varma’s painting, 'Yashoda and Krishna,' which fetched $17.9 million (including fees) at a domestic auction. The masterpiece was acquired by the prominent industrialist Cyrus Poonawalla, setting a new world record for an Indian painting sold at auction.
This landmark transaction underscores the surging demand and rising valuations for Indian modern and classical masters within the global and domestic markets. By surpassing previous benchmarks, the sale highlights the growing influence of high-net-worth Indian collectors like Poonawalla in preserving and elevating the country's cultural heritage through significant financial investment.