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Art and Market

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dhananjai chopra
course coordinator
centre of media studies
university of allahabad

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Art and Market

  1. 1. ART AND ART MARKET DHANANJAI CHOPRACENTRE OF PHOTO JOURNALISM AND VISUAL COMMUNICATION UNIVERSITY OF ALLAHABAD
  2. 2. WELCOMEINART MARKET
  3. 3. WHAT IS THE ART MARKET• UNORGANISED• UNREGULATED
  4. 4. COMPONENT OF THE ART MARKET• ART PROMOTERS• ART INVESTORS• ART COLLECTORS• ART CRITICS
  5. 5. • ART CONSULTANTS• ARTISTS• MEDIA MANAGERS• ART GALLERIES• ART LOVERS
  6. 6. IMPORTANT GALLERIES• CHRISTIE• OSIAN• SOTHEBYS• SAFFRONART• BODHI ART• APPARAO• SANSKRITI• VADHERA……ETC
  7. 7. IMPORTANT ART FAIRS• BASEL• PARIS• SHANGHAI• SINGAPORE• DUBAI• TOKYO• HONGKONG
  8. 8. …AND NOW IN INDIAFIRST ART SUMMITORGANISED IN AUG 08ATNEW DELHI
  9. 9. INDIAN ART MARKET• ESTIMATED TO BE WORTH RS.15000 CRORE• IN THE LAST FEW YEARS IT GREW AT 30-35 PERCENT ANNUALY MAKING IT THE FOURTH MOST BUOYANT ART MARKET IN THE WORLD
  10. 10. BANKSACCEPTARTAS COLLATERALBANKS ARE – UTI,IDBI,ICICI,BOB,YB,HSBC,CITI BANK
  11. 11. TOP GALLERIESOBTAINING WORKINGCAPITAL FACILITIESAGAINST ART
  12. 12. CORPORATES ARELOOKING AT HAVINGART AS ANINVESTMENTPORTFOLIO
  13. 13. I-T OFFICIALSTURN THEIRMAGNIFYING GLASSESONINDIAN ART MARKET
  14. 14. GALLERIES ABROADARE BUYING INTOINDIAN ARTFOR RESALE IN THEIROWN COUNTRIES
  15. 15. DESI GALLERIESSET SHOPS ABROADASINDIAN ART THRIVES
  16. 16. http://www.artmarketblog.com/
  17. 17. FAKE ART WORKSIT IS A UNIVERSAL PHENOMENON
  18. 18. MANDI KI MAR MELTDOWN HITS ART WORLDHUSAIN PRICES DOWN 40 PERCENT
  19. 19. ….BUT !
  20. 20. • THE GLOBAL ART MARKET IS UP TO 20 TIMES AS LARGE AS IT WAS IN 1990• WE HAVE BETTER GALLERIES, CURATORS AND RESEARCHERS• ART IS MORE PROFESSIONAL NOW
  21. 21. THERE IS A NEWUNDERSTANDING TOART……..IT IS YOUNG NOW
  22. 22. IT IS TRUE……SOME HOT NEW ARTISTSFROM INDIA ARECHANGING THE WAY THEWORLD IS LOOKING ATINDIAN ARTISTS
  23. 23. …….AND WHY NOT YOU
  24. 24. THANKS! PHIR MILENGEKISI ART MARKET ME

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