CONTEMPORARY ART MARKET ESTABLISHED EMERGING ARTISTS
The Economic Times has highlighted the struggle faced by a young generation of Indian artists unable “to break through the price brackets and name created by the [country’s] top artists”, despite the increasing number of collectors attracted to fresh art work.
As the pioneers of Indian art slow down in their production of new works or stop altogether, collector demand for what they have created rises. The prices that work by these established artists now commands makes much of it inaccessible to mid-level collectors.
Click here to read the article, titled “Indian art 2.0: Demise of Jehangir Sabavala, M.F. Husain and Sohan Qadri; Rise of the young”, in its entirety on The Economic Times.
“With affordability being the bottom-line in a market ruled by extreme swings in the last three years, works by the top twenty names in Indian contemporary art, especially those who are no longer alive, defy the purse-strings of an average collector,” states The Economic Times.
According to the article, these collectors are turning to the country’s up-and-coming artists to fill their collections. “If a collector is not able to afford a M.F. Husain or find one in the market, he might well think ‘Let me buy an Atul Dodiya‘ very soon,” says Narendra Jain, director of Indian gallery space Art Mall.
It seems, however, that there is still a barrier to success for emerging artists in India. As a “senior official” of the Lalit Kala Akademi was quoted in the article as saying, “the Indian art collector’s fascination for pioneering names makes the prospect for younger artists difficult.”
- Venice Biennale model outdated? Cultural citizenship an alternative – curator Ranjit Hoskote – November 2011 – a shift from spectacle to search engine, nationality to cultural citizenship
- Charmi Gada Shah recipient of FICA Emerging Artist Award 2011 – October 2011 – learn more about this up-and-coming installation artist
- 2 Indian photographers shortlisted for Canada’s 2011 Grange Prize – September 2011 – discover Indian photographers Gauri Gill and Nandini Valli
- Art collective Raqs predict future in latest Indian solo – picture feast – March 2011 – a “Words in Art” series post, Indian artist group Raqs Media Collective discuss works from 2010 and earlier
- 10 indian artists to watch in 6 minutes – November 2010 – a TED video in which collector Ravin Agrawal introduces ten young Indian contemporary artists
Subscribe to Art Radar for more on Indian contemporary art and artists