1. ART
AND
ART MARKET
DHANANJAI CHOPRA
COURSE COORDINATOR
CENTRE OF MEDIA STUDIES
UNIVERSITY OF ALLAHABAD

2. WELCOME
IN
ART MARKET

3. WHAT IS THE ART
MARKET
• UNORGANISED
• UNREGULATED

4. COMPONENT OF THE
ART MARKET
• ART PROMOTERS
• ART INVESTORS
• ART COLLECTORS
• ART CRITICS

5. • ART CONSULTANTS
• ARTISTS
• MEDIA MANAGERS
• ART GALLERIES
• ART LOVERS

6. IMPORTANT
GALLERIES
• CHRISTIE
• OSIAN
• SOTHEBYS
• SAFFRONART
• BODHI ART
• APPARAO
• SANSKRITI
• VADHERA……ETC

9. IMPORTANT ART
FAIRS
• BASEL
• PARIS
• SHANGHAI
• SINGAPORE
• DUBAI
• TOKYO
• HONGKONG

10. …AND NOW IN INDIA
FIRST ART SUMMIT
ORGANISED IN AUG 08
AT
NEW DELHI

11. INDIAN ART MARKET
• ESTIMATED TO BE WORTH RS.15000
CRORE
• IN THE LAST FEW YEARS IT GREW AT
30-35 PERCENT ANNUALY MAKING IT
THE FOURTH MOST BUOYANT ART
MARKET IN THE WORLD

12. BANKS
ACCEPT
ART
AS COLLATERAL
BANKS ARE –
UTI,IDBI,ICICI,BOB,YB,HSBC,CITI BANK

13. TOP GALLERIES
OBTAINING WORKING
CAPITAL FACILITIES
AGAINST ART

14. CORPORATES ARE
LOOKING AT HAVING
ART AS AN
INVESTMENT
PORTFOLIO

15. I-T OFFICIALS
TURN THEIR
MAGNIFYING GLASSES
ON
INDIAN ART MARKET

16. GALLERIES ABROAD
ARE BUYING INTO
INDIAN ART
FOR RESALE IN THEIR
OWN COUNTRIES

17. DESI GALLERIES
SET SHOPS ABROAD
AS
INDIAN ART THRIVES

19. http://www.artmarketblog.com/

20. FAKE ART WORKS
IT IS A UNIVERSAL PHENOMENON

21. MANDI KI MAR
MELTDOWN HITS ART WORLD
HUSAIN PRICES DOWN 40 PERCENT

22. ….BUT !

23. • THE GLOBAL ART MARKET IS UP TO
20 TIMES AS LARGE AS IT WAS IN
1990
• WE HAVE BETTER GALLERIES,
CURATORS AND RESEARCHERS
• ART IS MORE PROFESSIONAL NOW

24. THERE IS A NEW
UNDERSTANDING TO
ART……..
IT IS YOUNG NOW

25. IT IS TRUE……
SOME HOT NEW ARTISTS
FROM INDIA ARE
CHANGING THE WAY THE
WORLD IS LOOKING AT
INDIAN ARTISTS

26. …….AND WHY NOT YOU

27. THANKS!
PHIR MILENGE
KISI ART MARKET ME