Diverse collectors, matured context and the renewed interest in South Asian art

India is becoming home to a maturing collecting community and this is validated by sales data covering the past 37 years.

What is going on with South Asian art? A lot if you have been following the secondary art market and auctions. In the past few weeks alone, we have seen the price threshold of major Indian artists being reset. Maqbool Fida Husain shattered all expectations when on March 19, Gram Yatra, an early work of his sold for ₹118 crore at a Christie’s auction. Prior to this, Husain’s highest priced work was Untitled (Reincarnation), a large-format canvas, also from

Tyeb Mehta’s ‘Trussed Bull’ sold for ₹61.8 crore last week. (SaffronArt)