Art News: This Year’s India Art Fair Proves Local Collectors Show No Sign of Slowing Down

February 7, 2025
A Shift from the Modern to the Contemporary

The Indian art market in terms of high-value transactions remains driven by the country’s modern masters. “To have access to the top collectors, it is necessary to also have a portfolio of modern masters,” Somak Mitra, founder of Kolkata’s Art Exposure gallery, told ARTnews. At the fair, the gallery’s booth focused on younger contemporary artists like Buddhadev Mukherjee, whose six works sold for $44,000 in total, with three going to Nadar, one to another Indian collector, and the final two to a US-based collector. But works by octogenarian artist Jogen Chowdhury were available for sale, just not on display.