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'More People Are Willing To Pay More Money For Indian Artworks' menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.
How a Danish family built an extraordinary collection of modern Indian art Gunnar and Inger Hansen with their family.Premium 6 min read Share Via Read Full Story The name of VS Gaitonde shot into prominence in the global art market in 2013, after an oil painting by the artist fetched ₹20.5 crore at a Christie’s auction in India. The huge interest it generated led to a retrospective at the Solomon R Guggenheim Museum in New York, the following year. Since then, Gaitonde’s work has featured in auctions regularly and sold for impressive sums. Although critically admired by his contemporaries, Gaitonde’s commercial recognition came much later, almost entirely posthumously. Last month, a painting by him set a world record for Indian art by fetching ₹32 crore at a Pundole’s auction. An upcoming auction by Sotheby’s on 29 September estimates one of his paintings to fetch £1.5-2 million ( ₹15-20 crore). Apart from Gaitonde’s work, the auction f ....