India's Emerging Art Market

In a recent Reuters article titled Indian art offers high appreciation at volatile time Indian Art has been identified as high growth sector from the investment point of view. Indian Art and artists are still perceived to be undervalued and experts opine that growth potential here is huge with appreciation levels between 18 and 25% per annum seen as a reasonable prediction. The art market in India being dominated by investors rather than collectors, this market has gone up 200 times in the past five years and what is being predicted is that if you pay a certain price right now, it will seem like peanuts 50 years down the line. Some art pundits are of the view that some of the Indian artists and their work is almost like a financial commodity rather like a stock. Perhaps one of the last of the tangible assets in a demat world! Among Indian artists currently perceived to be highly desirable in the West, the following names are noteworthy:

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