A detailed response would demand a dedicated article, but briefly, this wasn’t near the strongest work from the series. According to the Artery Indian Art Auction Report 2017, 11 works by Mehta were auctioned globally in 2016, of which three were canvases, and one certainly more historically significant than this record work. Photo: Christie’s Images Ltd 2017The investable slab of the Indian art market is currently in its youth, that is about four market cycles away from witnessing sharp ascents in the price escalation of its top rung artists. I’d like for the reader to consider that the same auction house earned Rs 2,891 crore ($448.06 million) from 70 works sold during the Post-War and Contemporary Art Evening sale on 17 May. Arvind Vijaymohan is the CEO of Artery India, an art intelligence firm he founded in 2002.

Source: Mint June 05, 2017 12:33 UTC