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The growing clout of Indian art market has been
in the headlines of many a national daily. Emerging urban
populace with substantial interest in social and cultural
happenings has led to the prominence of Indian art works.
Changing economical scenarios and the increasing
flow of money have only helped in furthering the cerebral cause
of Indian arts.
As India’s economy is becoming more and stronger by the day, new
venues of investments have opened up, which were hitherto
unknown. Indian arts are one of those avenues which promise to
return handsome returns.. |
Like many industries which are vying for investment pie, Indian arts
are on the threshold of becoming one major destination for big chunk of
investment. The process has already been set up. The Indian artists have
always been very accessible to the potential investors. It serves both
ways. One, it gives them a golden chance to showcase their artistic
talents without any concern of fund and secondly depending upon the
artist’s work and reputation investors also stand to gain a lot.
A good, original painting will always have some worth which can only
fetch higher value with passing time. Few Indian art work, especially
paintings, of famous Indian artists have fetched exorbitant price which
has further enhanced the momentum in favor of Indian arts. Sales of
Indian contemporary and modern art work are increasing like wildfire.
There are increasing numbers of new Indian art galleries being opened
across the length and breadth of India. It has become a common sight to
see every exhibition being sold out.
Few of the recent happenings clearly define the arrival of Indian arts.
One is the starting of art funds by few investors who deal in artworks.
There; they deal in the works of art rather than normal stocks. Another
defining moment was an ‘art index’ which consisted of price of artworks
by 51 top artists of India. This art index was published by Economic
Times. This actually reinforces the advent of Indian art industry in the
investor’s radar.
The wisdom says it would not be a good idea to ignore Indian art market
in current situation. Every sensible investor worth his penny is
thinking of betting big on Indian arts. According to the experts, an
investor can expect almost 25% to 30% rise in the worth of a painting
annually. Apart from the art buyers in India, many expatriates are also
investing heavily in the Indian arts. It not only serves as a
fulfillment of artistic sensibility but also as a rewarding business
opportunity.
Amongst all the great forms of artwork, the demand for the Hindu art of
India has been quite exemplary. Hindu art of India possesses some
fascinating characteristics. The human shaped artwork which depicts
potential movement has managed to catch the fancy of the art buyers.
Apart from Hindu art of India, other forms, style of artwork ahs also
managed to carve its niche in the buyers’ preference list. Overall,
Indian art market is still relatively small but the future looks very
bright. In time like these, investment in Indian arts is a rewarding
proposition...
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