Showing posts with label Indian Art blog. Show all posts
Showing posts with label Indian Art blog. Show all posts

11 Dec 2023

Art News: India Art Festival in Bangalore

 

India Art Festival Returns to Bengaluru with its Third Edition, Showcasing an Unprecedented Array of Artistic Talent


The highly anticipated India Art Festival (IAF) returns to Bengaluru for its third edition, from December 14 to 17 at the expansive Palace Ground, Kings Court. This year's edition promises an unparalleled showcase of artistic brilliance, with an unprecedented number of participants, making it the largest and most diverse gathering of artists and galleries to date.

India Art Festival, Bangalore, Image for Art Scene India
Gurudas Shenoy
Boasting an impressive scale and scope, the 3rd Bengaluru edition of IAF is set to captivate the city with cutting-edge contemporary art, presented by over 25 art galleries and featuring contributions from a staggering 400 artists hailing from 40 different cities across India. The festival is a testament to the thriving art scene in the country, offering a comprehensive exploration of various artistic expressions, including paintings, sculptures, photography, ceramics, and installations.

Opening on December 14, the event will serve as a melting pot of artistic diversity, providing insights into the latest trends in Indian and Asian diaspora art. Founded in 2011 by the publishers of the Indian Contemporary Art Journal, IAF stands as the only annual art fair held in three major metro cities – Mumbai, New Delhi, and Bengaluru – having successfully mounted 25 editions thus far.

With a staggering 3500 pieces of art on display at the Palace Ground, IAF caters to a wide audience, welcoming seasoned art collectors and new buyers alike. The eclectic selection includes oil paintings, acrylics, watercolours, original prints, installations, and drawings in myriad styles, covering landscapes, figurative works, abstracts, cityscapes, seascapes, urban and rural scenarios, portraits, nudes, religious art, traditional paintings, murals, Warli art, and much more.

India Art Festival, Bangalore, Image for Art Scene India
Prabhu Joshi
Over the last thirteen years, India Art Festival has been a consistent platform for both
emerging talents and established artists, striving to provide an open atmosphere for contemporary art. In its 3rd edition in Bengaluru, the festival strikes a balance between appealing to seasoned art enthusiasts and actively engaging with a younger generation of tech-savvy art buyers, resulting in a diverse and eclectic selection of art.

This year, the festival is proud to feature the imaginative contributions of young talents, injecting refreshing perspectives and radical visual art voices. The Kings Court at the Palace Ground will host 80 booths, showcasing a total of 3500 pieces of art.

Participating art galleries include Akanksha Art Gallery, Charvi Art Gallery, Shiny Colours Art Gallery, H Art Gallery, SM Art Gallery, Sara Arakkal Gallerie (all Bengaluru), ArtDesh Foundation, Artvista, Beyond the Canvas, Bouquet of Art Gallery, Nitya Artists Center, Studio Pankaj Bawdekar, Studio Monica Ghule, Studio Om Thadkar, The Bombay Art Society (Mumbai), ArteHut, Aura Planet, Eminent Art Gallery, Gallery Pioneer, Pastel Tale OPS Art Gallery, Sudha Art Creations & Uchaan (Delhi-NCR), Gnani Arts (Singapore), Arpitam Kala Mandir (Kolkata), M Narayan Studio (Pune), Pichwaiwala - Narendra Arts & Handicrafts (Udaipur), among others.

India Art Festival, Bangalore, Image for Art Scene India
Thota Vaikuntam

The festival also introduces the Artists’ Pavilion, featuring individual booths by independent artists designed to foster a dialogue between viewers and artists. This multi-level engagement encourages a direct connection between the art market and artists, facilitating open discussions and the purchase of artwork on an open platform. India Art Festival Director, Rajendra, emphasizes the festival's commitment to democratizing 'art viewing and buying,' a movement that has spread across Mumbai, New Delhi, and Bengaluru over the past thirteen years.

This year, the Artists’ Pavilion showcases both unknown talents and established names, with more than 300 independent artists presenting their expressions in the form of paintings and sculptures alongside 100 established artists exhibited by art galleries. The diverse range of subjects explored by these artists encompasses personal experiences to intense narratives.

The 3rd Bengaluru edition of India Art Festival promises not only visual delights but also auditory, visual and cinematic experiences. Eminent artists Ganapati Agnihotri, Kanthraj N, Chintamani G G, Ganesh Doddamani along with musicians Manjunath (Flute), Subramanya Hegde (Sitar), Karthik I S(Mandolin) accompanied by Maruti Prasad (Tabla) will transform the Palace Grounds into a cultural oasis, offering not only a visual feast but also a multitude of fusion shows, live musical performances, mesmerizing live painting demonstrations on 15 to 17 Dec from 3.30 to 5.00pm. A standout feature of the event is the enlightening film "The Eternal Canvas – 12,000 Years Journey through Indian Art," a cinematic exploration of India's rich artistic heritage spanning millennia. This cinematic journey provides a sweeping overview of the evolution of Indian art, from prehistoric times to contemporary expressions. It will be screened from 15 to 17 Dec, from 5.30 t0 7.00pm.   

India Art Festival, Bangalore, Image for Art Scene India
Durga Bai Vyam

The Artists Pavilion, with its fresh face and diverse talent, adds a new layer to the India Art Festival experience in the Garden City. With its mammoth collection of art under one roof, IAF serves as a one-stop mega art jamboree for art enthusiasts, providing a unique opportunity to enjoy art without the need to hop around various art spaces in the city.


India Art Festival will run from December 14 to 17, 2023, at Kings Court, Palace Ground, Gate No.5, Bellary Road, Near Mekhri Circle, Bengaluru, from 11 am to 8:00 pm on all days. The tickets for India Art Festival, priced at Rs.299, are available on BookMyShow.com and at the venue, ensuring a captivating cultural experience for art enthusiasts.


For further details, contact 9820737692


Don't miss the chance to immerse yourself in the vibrant world of contemporary art at this year's India Art Festival in the Garden City!


Excerpted from the press release

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1 Dec 2022

Art News: India Art Festival in Bangalore

India Art Festival attracts over 30 galleries and 400 artists for its second edition in the city



The 2nd Edition of India Art Festival (IAF) in the city starting from December 08 – 11 at the Palace Ground, Kings Court, Gate No. 5, Bellary Road, has grown in scale and size this year, bringing cutting-edge contemporary art to the city, presented by over 30 Art Galleries and 400 artists, coming from 40 different cities across India, Singapore and USA.

Opening on December 08, the 2nd Bengaluru edition of IAF will bring all forms of artistic expressions in the art fair including painting, sculptures, photography, ceramics, installations, offering insights into current art trends in India and Asian diaspora.

India Art Festival, Bangalore, Image for Art Scene India
Aditiraje Bhonsle

Founded in 2011 by the publishers of Indian Contemporary Art Journal, IAF is the only art fair held annually in three metro cities and which has mounted 22 editions so far at Mumbai, New Delhi and Bengaluru.

Whether, it is a seasoned art collector, or a new art buyer who want to acquire the first piece of art, the India Art Festival with 4000 pieces of art across 100 booths, on display at the Palace Ground is a perfect place to fall in love with art. At IAF, the art collectors are spoilt for choices to choose from many mediums and styles - oil paintings, acrylics, water colour, original prints, installations, drawings in myriad styles dealing with varied subjects including landscapes, figurative, abstracts, cityscapes, seascapes, urban and rural scenarios, portraits, nudes, semi-nudes, religious art, traditional paintings, murals, warli art and many more.


The master artists displayed by the galleries include Sakti Burman, Yusuf Arakkal, Lalu Prasad Shaw, S G Vasudev, Laxman Aelay, Gurudas Shenoy, Laxma Goud, Jatin Das, Jogen Chowdhury, Manu Parekh, N S Harsha, P Gnana, Seema Kohli and many others.

India Art Festival, Bangalore, Image for Art Scene India
Yusuf Arakkal

The Artists’ Pavilion with individual booths by independent artists is so designed as to create a dialogue between the viewers and the art maker, and the artist. It also encourages dialogue between the art market and the artists directly. Here the sale and purchase of the artwork is on an open platform and the buyer or collector can approach an artist and the choices are numerous.

India Art Festival, Bangalore, Image for Art Scene India
Vinita Dasgupta
This kind of freedom is rarely possible as both the artist and the buyers benefit from this arrangement. India Art Festival Director Rajendra says, "the process of democratizing ‘art viewing and buying’ initiated twelve years ago in Mumbai sort of became a movement; the growing interest in Indian contemporary art slowly made this movement spread to New Delhi and Bengaluru covering significant length and breaths of our country."

Apart from 200 established artists exhibited by art galleries, more than 200 independent artists are displaying in the ‘Artists’ pavilion’ at the art festival. The subjects broached by the artists vary from personal experiences to intense narratives.

India Art Festival, Bangalore, Image for Art Scene India
Dhyana Das
 'Tripurasundari’, a feminine mystique of the goddess by artist Dhyana Das and Kalyani Ravishankar’s ‘Radha-Krishna’, both blend the nuances of classical paintings and contextualize them within Indian religious sensibilities. 

In another instance, artist Karthik Kamath, Sonali Surana and Tejaswi depicts embodiment of renunciation, Buddha, the enlightened one in his splendid aura with wavy hair curls & the monastic robe covering both shoulders and arranged in heavy classical folds. 

Sunitha Krishna, Smita BP, Kalyani Sinha and Tripti Pandey indulge in an artistic imagery using religious images, cultural symbols and motifs that touches the spiritual chord of the viewers.

Artists Gaurav Dagar, Jyothi Prakash and Prakash Bal Joshi beguile the viewers with their abstract composition using pure forms & colours, whereas artist Muthukrishnan Ramalingam and Rajitha Bonthala chose the middle path of semi-abstract idiom to present their visual stories.

Wildlife, animal and bird paintings is one of the oldest art forms found since ancient times in the cave art. Animal and bird art have come a long way since then in technique and imagination and occupies major part of the contemporary art space in India. Artist Isha Valentine’s symbolic deer with antlers, Priyanka Sehgal’s Sunbird, big cats and elephant by artist Apurba Das, Shakila Ananth and Sudha Anandampillai displayed in the art festival is a fusion of art elements found in Bundi style of traditional art with contemporary times.

India Art Festival, Bangalore, Image for Art Scene India
Akshata Shetty

The black and white paintings displayed in the art festival by Akshata Shetty, Beena Surana, Om Thadkar, Preeti Baliga, and Priyanka Maurya prove that the paintings need not have to be always done in striking colours to create visual splendour! Viewers are bound to be mesmerize by the unfolding visual drama of muted blacks, ash greys, dark flashes, starry whites with harsh shadows employed in the work of Om Tadkar in his galloping white stallion, whereas Priyanka Mauraya’s dreamy flowery land and symbolic portraits of all sorts by Akshata Shetty and Preeti Baliga creates powerful viewing; these paintings can go with entire range of minimalist modern décor & interior to create aesthetic ambience around living spaces. 


Since ancient times to modern times, from fertility goddess to modern-day multitasker, artists have always enjoyed exploring the subject matter of women folk in art. But when the subject is explored by female artists herself, it assumes different significance like artist Geeta Yerra, Parul Sharma and Swati Burde who are exhibiting in the art festival. 

India Art Festival, Bangalore, Image for Art Scene India
P Gnana
The figurative works by Ravi Verma and Vanita Gupta along with Atul Todi and Jayaram Krishna’s figures emerging through geometric patterns on closer look is an added in attraction for viewers. 

The notion of beautiful and sublime with sharp contrasts of light and shadow is exemplified in the landscapes by Poornima Deepak and Reema Ravindran whereas Deepshikha Bishoyi, Mridul Garg, Pooja Muthuraj, Shankari Kundu, T V Sairam and Vidhu Pillai prefers suggestive style of abstract landscape which focuses more on expressing emotion while still capturing the essence of a landscape. Seena Mani’s cityscape, Aditiraje Bhonsle, and Kasturi Dutta’s flowerscape are different genre in landscape painting in the art festival that would leave a lasting impression on the viewers. 

Among several others noticeable works by master artists, the artists pavilion present a fresh face of India Art Festival at the Garden city. India Art Festival, with mammoth art collection of all sorts of art under one roof is a one stop mega art jamboree for art enthusiasts in this week to enjoy art without getting tired in hopping around art paces in city!

The participating art galleries include Akanksha Art Gallery, Charvi Art Gallery, Green Footprint
India Art Festival, Bangalore, Image for Art Scene India
Laxman Aelay
Art Gallery, H Art Gallery, Karnataka Chitrakala Parishath, Sara Arakkal Gallerie (all Bengaluru), ArtDesh Foundation, Artvista, House of Emerge, Nitya Artists Center, Studio Pankaj Bawdekar, Studio Rustgrey, Studio3 Art Gallery, The Bombay Art Society, thecurators.art (Mumbai) , ArteHut, Eminent Art Gallery, Gallery Pioneer, Nifa Art Gallery, Gallery Vision Art (New Delhi), Pastel Tale & Uchaan (Gurgaon), Gnani Arts (Singapore), Kalabhawan (Agartala), M Narayan Studio (Pune), Pichwai by Beyond Square (Udaipur) and Subodh Fine Art Studio (California, USA) among others.


India Art Festival will be on from 08 to 11 Dec 2022 at Kings Court, Palace Ground, Gate No.5, Bellary Road, Near Mekhri Circle, Bengaluru from 11 am- 8.30pm on all days.


For further details contact: 9820737692



Excerpted from the press release


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17 Feb 2022

Art News: Consortium by Fidelitus Gallery, Bangalore

Art exhibition celebrates senior art faculty from Bengaluru

Fidelitus Gallery kicks off 2022 with “Consortium - Art Preceptors of Bengaluru Art Institutions”, a unique art exhibition that draws attention to and features the on-going practice of active senior faculty members from 3 prominent Art Institutions in Bengaluru, namely, Karnataka Chitrakala Parishath College of Fine Arts, Kalamandir School of Arts and Ken School of Arts.

Consortium by Fidelitus Gallery, Bangalore, Art Scene India, www.fidelitusgallery.com
Sculpture by Vishal Kavatekar
These institutions are decades old and markers of history in the state that have shaped the art scene in the region. Several of their alumni have gone on to become prominent names in the art industry in the country. Fidelitus Gallery through this exhibition acknowledges and celebrates the contribution of these fine art institutes and their extraordinary educators. The exhibition features 10 eminent artists and teachers - A M Prakash, Babu Jattakar, Gopal Kammar, Nagappa Pradhani, Pratibha T S, Sridhar Murthy, T S Baoni, Vishal Kavatekar, Mallappa S Halli and Nirmala Kumari and presents their paintings and sculptures. The show offers an array of fine art in diverse styles, subjects and themes, and materials and media, for the discerning art connoisseurs.

The initiative is also aligned with the Gallery’s “Heritage Wing” project that facilitates educational programs with respect to Museum and Gallery Studies.

Consortium by Fidelitus Gallery, Bangalore, Art Scene India, www.fidelitusgallery.com
Painting by Shridhar Murthy

Fidelitus Gallery aims to create an inclusive platform for the arts - both performing arts and visual arts, along with curated art educational pogrammes for the community.

The gallery is committed towards creating world class art exhibitions by curating hybrid transformative spaces by following standards of the international committee of exhibitions. It also hopes to make a difference in the arts sector through sustained efforts, all of which will gradually create lasting changes in techniques and processes of exhibiting art in the city. 

The collection from “Consortium” will be accessible in a hybrid form - both physically and virtually on the gallery website www.fidelitusgallery.com. The gallery believes in giving back to society and follows the motto of Art For A Cause, whereby, part of the sale proceeds will contribute towards Shilpa Foundation, which works on providing a healthy environment and quality education for the underprivileged in Karnataka.

Consortium by Fidelitus Gallery, Bangalore, Art Scene India, www.fidelitusgallery.comThe 10 days exhibition will be formally inaugurated on Saturday, 19th February, 2022 at 6:00 pm. It will be inaugurated at the Fidelitus Gallery on 19th in the presence of Shri Alok Kumar, IPS, ADGP-KSRP, Shri Ashok Kheny Ex MLA Bidar South, MD NICE, Dr. Pramila Lochan- Art Historian and Critic, Shri Lahari Velu, and Shri Achuth Gowda, MD & Founder Fidelitus Corp Pvt Ltd. Artists and art connoisseurs are welcome to join the inaugural program.


Consortium by Fidelitus Gallery, Bangalore, Art Scene India, www.fidelitusgallery.comVisit the show here www.fidelitusgallery.com and at the gallery address given below.

The exhibition, “Consortium - Art Preceptors of Bengaluru Art Institutions”, is open to everyone from 19th to 27th February, 2022.

Fidelitus Gallery, Brigade Software Park, No. 42, Ground Floor, B Block, 27th Cross, BSK 2nd Stage, 

Bangalore - 560070

Email: info@fidelitusgallery.com PH: +91 80 68073700


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8 Dec 2021

Tattvamasi by Artist Mohan Shingne

Spurts of Enigma: Nikhil Purohit writes on the art practice of Mohan Shingne 


An artist with formalist fervor operates both as an agent and a vessel for creation. Contemporary Indian art today is a mix-bag of several ideas from world art merged with indigenous aesthetic blends. It liberates an artist like Mohan Shingne to cross the roads with ideas of modernist abstraction and impulsive sculptural responses to a medley of found objects imparting meanings to resulting objects.

Untitled painting by Mohan Shingne, Art Scene India

A nuanced rendition through self-experienced perspective is the notion one ought to look for the works of Shingne rather than novelty. The artist has a dedicated hybrid practice. Firstly, of making sculptures with a conscious thematic of collaging shapes and found objects. Secondly, of paintings worked out as a process of self-exploration like an ardent devotee revealing the inner workings of a contemplative mind. He holds an intimate attachment to his role as an art educator besides following sculpting and painting as primary modes of expression.

With a humble upbringing in a family of goldsmiths, Mohan’s small and life size sculptures carry the craftsmanship and flair for detailing with a remarkable finesse. Poetry for him becomes a source for insinuating his feelings towards the inanimate world around that catches his attention. Words seem to be a storeroom to accumulate his notes for later visual conversions as idioms. It allows to gain a sense of Zen like feeling to learn how objects- mostly rustic, aged, and redundant become one with his psyche and finally at an immersive moment the object is released into a sculpture or flat surface. With a share of hardships in his early life the phase gifted him with a connect toward wordless conversations with things around. A link that has lent subtlety to his paintings and harmony to his 3D objects.

All this process hints at romance with formalism, yet Shingne finds gaps to escape rigidity in practice and breakthrough from monotony by experimenting with the found objects, clubbing them together. He happens to follow a formula of an uncanny juxtaposition where “Form + Form = Form, Form - Form=Form”. Perhaps the equation is an inert one where the principal element always stays. A philosophical take where the utilitarian thought in the object is discounted to abate a metaphor with mysticism.
 
Sculpture by Mohan Shingne, Art Scene India

The set of new achromatic works made during the nationwide COVID-19 pandemic lockdown period instills mixed feelings of emptiness, seclusion, loneliness, remorsefulness, silence, hope, and perseverance. The general theme of the series in dark shades with subtle textural notes has rectangular divisions annotated with few rhythmic curves breaking the grid formation. This releases the built-in tension formed after continuously watching the work. These works almost remind the ravishing paintings of veteran artist Jeram Patel, though the method of covering the space takes a different visual course. The underlying organic forms are nothing but triggers to melody.

One sculptural collage arouses satire and amuses us. The cylinder works were made by him before the onset of second wave where one could barely imagine how the situation could turn to be grave medically. Hailing from the goldsmith’s family these cans are part of his families’ occupational supplies. Mohan made use of these empty cans to revise their identity by introducing commonplace objects. The juxtaposition can only be admired by the viewer for the ease of mix-match where the two unrelated objects of a can and those of a buttermilk churner, a bowl, and an oil lamp respectively are bonded together. The experimenter within the artist allows spurts of delight and ecstasy.

Faithfully abiding by the tenets of formalism Mohan’s works continue to entice enigma.


Tattvamasi by Mohan Shingne, a Solo Show of Paintings and Sculpture continues till 10th December 2021 at Shridharani Art Gallery, New Delhi

19 Oct 2021

'Ghan Phut' by Shraddha Rathi at Kalakriti Art Gallery

Nostalgia in Wood


'Ghan Phut' by Shraddha Rathi at Kalakriti Art Gallery, Art Scene India
Pieces of ancient carved wood have been transformed into art installations at the solo exhibition ‘Ghan Phut’ by Bangalore based artist Shraddha Rathi. These strike a nostalgic note at Kalakriti Art Gallery in Hyderabad. Celebrating revitalization and renewal, the art works are as much symbols and remnants of melancholy and heritage as an ode to the centuries old craft of exquisite wood carving.

Shraddha describes the artworks as ‘the contrasting confluence of modern day concrete blocks and a century old piece of carved wood which reveal the impermanence of life today and the strength of yester times’.

Born in 1974, Rathi studied performing arts and architecture. A practicing artist for more than fifteen years now, her initial paintings drew inspiration from her architecture and classical dance background. From hyperrealistic paintings of exquisite carvings and sculptures of ancient India she gravitated towards abstraction and installation art. She experimented with installations in wood and metal that combined paint and text to create a play with the display space as well. A series of functional wood pieces formed interactive art that could engage the viewer at another level. The gratitude bench with text related to gratitude engraved on it was the highlight of this show held a few years ago.

'Ghan Phut' by Shraddha Rathi at Kalakriti Art Gallery, Art Scene India 'Ghan Phut' by Shraddha Rathi at Kalakriti Art Gallery, Art Scene India'Ghan Phut' by Shraddha Rathi at Kalakriti Art Gallery, Art Scene India

Recently, when Shraddha came across carved reclaimed wooden pieces that were more than a century old, her formal background in architecture and her desire to draw attention to the magnificence of these pieces, which are often discarded as architectural waste, inspired her to transform them into art installations. She worked with carved pieces that were originally parts of structural elements of havelis and wadas, to uncover and reveal the beauty of each cubic foot of wood. 

Through an elaborate process of reclamation and renewal, Shraddha has attempted to locate these visual markers of culture and history in a contemporary context. She feels each piece is unique and has a story to narrate from its rich and eloquent past.

As she says, “Ghan phut celebrates the unusual convergence of the past and the present, through stories that come alive with reconstruction and revitalization.”

The exhibition is online here at Kalakriti Art Gallery

1 Feb 2018

Art News: Ode To Nature By Shirley Mathew

Ode To Nature - A Solo Exhibition By Shirley Mathew


Art News: Ode To Nature - Shirley Mathew
Conceived while sitting in front of a Buddhist temple in Bylekoppe, Coorg, Shirley Mathew's latest suite of works delve deep into the interconnectedness between nature and spirituality and translate them onto canvas. The outcome is a beautiful series that is a celebration in brilliant colours.
 
Shirley Mathew, a graduate in Psychology (Hons), Jesus and Mary College, Delhi, was initially interested in the nuances of drama and theatre in school and college. She has acted in plays and directed skits from a young age. All along she dabbled in art and later enrolled for intensive study in art at the Corcoran College of Art and Design in the US. She further trained in Barcelona, Spain at the Escola Llotja, the institution where Picasso studied in his early years and his father had taught. This was followed by a short residency at the Garhi Studios of Lalit Kala Akademi, Delhi that was enriching as an artist.  She later trained in Tuscany, Italy and learned new techniques to hone her talent that has led to another dimension in her creativity.
Art News: Ode To Nature - Shirley Mathew
Shirley has represented Karnataka at the Art Fusion Show, Mumbai, to commemorate the Golden Jubilee of Statehood of Maharastra.  A finalist in a National Art Competition, she has participated in more than 50 shows that include several solo shows in prestigious galleries of Bengaluru. She has made a presence in the genre of Abstract Expressionism and has displayed her works in 10 cities of India. Her interest to learn other art forms led to completing courses in Madhubani Painting and Basic paper making conducted by well known artists in the respective fields.
Art News: Ode To Nature - Shirley Mathew
Working mostly with mixed medium, Shirley allows the subject to rule the choice of palette and techniques. Her philosophy is to touch as many lives positively with her creativity and has been conducting art awareness shows for many years in her studio. Shirley has conducted workshops for underprivileged children to raise funds and with professionals in the corporate world to introduce art as therapy.

Her works are in the collection of private homes and Corporate Houses in India, Bahrain, Singapore, USA, Australia, UK and France. She lives and works in Bengaluru.


Exhibition continues till 28th Feb, 2018 at Sublime Galleria, Bangalore

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4 Jul 2016

Art Investment: The Fine Art of Collecting

This article was published in Tapasya, a publication by the Indira Institute of Management Pune
 

The Fine Art of Collecting

The last couple of decades have seen a tremendous surge in terms of awareness and interest in art. Suddenly names like Souza, Raza and Husain are familiar, not to just those within the art community but also outside it. Clearly, this change has not taken place overnight. The economic liberalization policies in the early nineties and the subsequent spurt in economic growth resulted in substantial amounts of disposable income that was accessible for splurging and also for financial investments. Simultaneously, the advent of global luxury brands in India introduced the middle and the upper middle class to luxury products, symbols of societal status and high living. For the first time one could purchase a wide range of aspirational products in India. This exposure to luxury brands and hi-end products was instrumental in creating and widening a buyer base that had a penchant for art, artefacts and collectibles.
Art Investment: The Fine Art of Collecting by Nalini Malaviya
This was also a period when many art galleries set up operations or expanded their businesses, thereby increasing their reach and creating multiple access points for art connoisseurs. In fact, this was a phase when art was positioned and promoted as a viable asset class that could generate large financial returns. Unfortunately, the subsequent crash in the market led to the economic downturn which also affected the art market immensely. It helped in dispelling the myth that all art could be a financial asset in the short term, or that there were parallels between investing in art and in stocks and shares, real estate or gold. In a way this led to correction of art prices and has eventually helped in stabilizing the art market to an extent. It has also shifted the focus back on art as a medium of creative expression, its aesthetics and its visual content rather than stay confined to names, price brackets and returns.

In this context, collecting art has caused some confusion especially for the first time buyer and collector. It Art Investment: The Fine Art of Collecting by Nalini Malaviyabecomes difficult for them to gauge and assess which art to buy, at what price points to enter the market, which artist to invest in and in general what to expect. Yet, art as an aspirational collectible continues to draw connoisseurs who have an eye for the finer things in life and can afford to indulge in luxurious living. Research and an avid interest in art can aid in developing a keen eye for art and also empower buyers on commercial aspects.

For instance, paintings by old masters or contemporary art in various media are coveted for the artist names which have become synonymous with high end brands; however, apart from artist names, thematic content, concept and execution are paramount in contemporary art. With increasing art awareness, a familiarity with artists’ names, local galleries and prominent auction houses is created which empowers the buyer when buying art. As art events, shows and auction reports are widely publicized in the media it helps in keeping abreast of upcoming artists, trends and sale figures. All of which can be valuable when buying art.

Collecting art

Building an art collection can be a rewarding experience, both aesthetically and as a viable investment option, albeit in the long term. It is important to be clear and identify the motives for collecting art, and a passion for the arts should be the driving force. A visual investment should take precedence over all other aspects.

One should also realize that significant collections are difficult to build overnight, but instead they tend to evolve organically over a period of time. In the initial stages, they are driven by the collector's tastes and preferences, however, later on they may get refined further due to conscious efforts. Sometimes, the choice of the collector is governed by considerations such as budget, available space, and time required for such an activity.

When selecting art, it helps to keep in mind if the collection is a private one or if it might be put on public display at a later date. One can buy representative art from various periods or focus on a specific school, style of painting, era or artist. It is also essential to realize that an art collection, unlike one comprising of smaller collectibles needs a larger space, and special care in terms of lighting and maintenance.

The process of buying art can be an exciting and rewarding one – visiting art shows, interacting with artists, critics and gallerists, reading and researching on art are activities which help immensely in selecting art for the collection. It is possible that there will be times, when one is forced to overlook personal tastes in favour of deliberate choices, which would benefit the entire collection as a whole.

When one is collecting art, irrespective of the initial investment, the overall value of the collection is likely to go up with time. Therefore, it is important to do the necessary research and take the time to build one that will be significant in terms of historical content and also its financial worth. When collecting art, it is essential to periodically review the artworks and see if some of them need to be sold off to either make space for new works or in order to build a more coherent compilation.

Art Investment: The Fine Art of Collecting by Nalini MalaviyaThe Indian art scene

The current art scene has much to offer to discerning collectors and buyers. The recently held India Art Fair, New Delhi has grown to be a significant event in the region and attracts a large number of international audiences as well. The Kochi-Muziris Biennale has also emerged as a major art event which showcases several exhibitions and organizes art and culture related programmes for its entire duration. A number of other art exhibitions and festivals that are organized in tier II cities ensure that local audiences are engaged and there is a buzz around art.

Art auction major Sotheby's will be opening its first office in the country in Mumbai in March this year. The auction house Christie's has seen its business grow at a faster clip in India since its first sales in December 2013, and its auction figures saw a sharp surge in 2015.

The contemporary art scene is clearly vibrant and should thrive further in the years to come. The online space is a fast evolving and attractive arena which is expected to see more players. Art ecommerce ventures are likely to grow and hopefully offer greater diversity and curated artworks to its buyers. There is a marked interest in Indian modern and contemporary art and an emerging attentiveness towards classical Indian art, which makes it an exciting phase for art connoisseurs.
 
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