Friday, August 26, 2011

Art Market trends detected in the practice of fine arts in India

Indian art market started truly maturing. The buyers now started showing lesser reliance on galleries and investments started based on more informed choices.The recent ArtTactic Indian Art Market Confidence Indicator is up by 19.2% from October 2010, helped by a strong confidence in the Indian economy. Despite a below-par auction season in New York in March 2011, experts in the Indian art market believe the positive economic sentiment will start filtering into the Indian art market, which has been troubled since the speculative boom in 2008. With economic growth set to out-pace China, the survey experts believe India’s economic growth will help fuel the Indian art market. The Economic component of the ArtTactic Indian Confidence Indicator has increased 21% from October 2010.

Three primary trends are now being detected in the practice of fine arts in India. Firstly a search for a distinctly Indian identity continues to dominate artists’ minds. Often it leads to the use of materials and objects which are distinctly Indian.

The second important trend that is being observed is the use of computer graphics, photography, modern technology and a host of other media in the creation of art works.

The third trend is the search for an individualist language of expression. The most important new style that fits this new trend is ‘Pseudorealism’, an art-genre which has originated solely in India. Only six years since inception, Pseudorealism has already a huge following among the new generations of India.

Ashok Art Gallery is internationally known for one of its most important holdings: more than 2000 major works by the world's most significant Artists.Over the past years, as Ashok Art Gallery has become a major centre for contemporary visual art, the Gallery has built a strong collection of contemporary work of different artists, we became a sponsor of the STANDUP-SPEAKOUT Artshow, Organized by Art Of Living Foundation and United Nations.Organized an International Contenmporary Art Exhibition including artists from USA, The Nederlands, Pakistan and India.We have also participated at Art Expo India 2008, 09 Mumbai and India Art Summit 2008 New Delhi.


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Neha Gupta said...

These days the artwork and paintings by different artists is in trend and day by day people are attracting towards this artwork gradually. Recently, I visited an online art gallery of IndianArtIdeas where I have seen the different types of amazing artwork and paintings by different artist.

Pallavi Malhotra said...

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