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Posts Tagged ‘Rabindranath Tagore’

Indian art market hits peak 2008 figures – modern art favoured

Posted by artradar on July 27, 2010


ART MARKET INDIAN ART MODERN ART AUCTIONS

For some time now, the Indian art market has been reviving after the post-2008 buying slump. New Delhi-based journalist John Elliott, who runs the current affairs blog Riding the Elephant, reports in a recent post that now it may well be on the first step towards similar pre-2008 peak figures. However, the artists raking in money this time around are not contemporary but modern Indian artists.

In June this year, Sotheby’s raised USD7.9m in a mostly Indian art sales. In the same month, Saffronart sold art worth USD6.7m, and together with a Christie’s two day sale of USD18.1m, Indian art sales for the month of June totaled a substantial USD32.7m.

Rabindranath Tagore. Portrait of a woman.

Rabindranath Tagore's 'Portrait of a Woman' sold for over USD461,000 at Sotheby's.

Elliott reports that ArtTactic, a London based art market analysis firm believes that average auction prices and volumes for modern Indian art are now back to levels seen at the market’s peak in June 2008. Anders Peterson, who runs the firm, adds that,

The return in the confidence for the Indian art market is at the high end of the market.

A significant change from the trends of 2008 is the consistent sales of established veteran artists of Indian modern art rather than contemporary artists. However, given the overall push in the performance of the market, contemporary sales have also picked up. ArtTactic reports that previously popular contemporary artists such as Subodh Gupta and Jitish Kallat are still lagging far below 2007-2008 prices.

Saffronart founder and owner Dinesh Vazirani agrees with ArtTactic’s line on modern art. He says,

Auction prices are reasonably close to their 2008 peak. Serious collectors are there and this is backed with confidence in the Indian economy and with people investing as a hedge against inflation.

But how much do these results tell us about trends in buying Indian art? Anders Peterson from ArtTactic believes that,

Auctions are now a filtered version of the reality in the art market. Lots that are likely to sell are works of high quality, rarity and outstanding provenance. Works that do not demonstrate these qualities are still selling at lower prices or not at all. Therefore the return in confidence is at the high end of the market.

SH Raza. Rajasthan.

SH Raza's 'Rajasthan'.

The highlight of the Sotheby‘s sale were the works of Indian modernist painter, poet, philosopher and Nobel Prize winner Rabindranath Tagore, while Saffronart relied on modern art veterans like S.H. Raza, who was part of the Bombay Progressive Artists’ Group and now lives in Paris. His wife, Janine Mongillat, died in April 2002.

AM/KN/KCE

Related Topics: Indian art, Bombay Progressive Artists’ Group, market watch- auctions

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Posted in Auctions, Business of art, Classic/Contemporary, Collectors, Indian, London, Market watch, Painting, Progressive Artists' Group | Tagged: , , , , , , , , , , , , , , , , , , , , , | 6 Comments »

Indian modern art 1905 – 2005 at Philadelphia Museum of Art

Posted by artradar on June 29, 2008


USA EXHIBITION INDIAN ART UNTIL DECEMBER 7 2008 Multiple Modernities: India, 1905-2005 (on view at Philadelphia Museum of Art June 14 – Dec. 7, 2008  consists of more than 25 drawings, prints and watercolor paintings produced by South Asian artists before and after the region’s independence and subsequent partition into India and Pakistan.

The exhibition illustrates the range of artistic traditions and experiments in visual culture that emerged as South Asia transformed from a British colony to independent nation-states to a world economic power.

Many of South Asia’s preeminent artists of the past century are represented. Jamini Roy (1887-1972), for example, looked toward regional eastern Indian folk traditions for his simplified forms and bold, flat colors.

One of the most significant individuals in the fight for cultural regeneration was Rabindranath Tagore (1861-1941), who collaborated with a group of artists and intellectuals to launch what has been called the “Bengal Renaissance.” A writer, educator, and Asia’s first Nobel laureate (Literature, 1913), Tagore did not focus on visual art until he was well into his 60’s. The exhibition includes a rare and never-before-displayed group of seven of his imaginative and enigmatic drawings and paintings from the Museum’s collection.

The Progressive Artists Group in Bombay, formed in 1948 and disbanded a few years later, searched for their individual artistic voices, rather than solely a national vision. Its members and associates included some of the major artists who shaped modern India, such as F.N. Souza, M.F. Hussain, and Tyeb Mehta, all represented in this exhibition.

During the 1960s and 70s, a younger generation modeled in part on the Progressives renewed their search to infuse art with powerful individuality. Their variety of voices is evident in works including Bhupen Khakhar’s Shame (after 1983) and Gieve Patel’s Dead Politician (1972).

Representing the latter half of the 20th century a recently acquired collage-lithograph by Atul Dodiya is on show. Based on a minor episode in the great Hindu epic Ramayana, Sabari with her birds (2005) explores the power of faith through the tale of a tribal woman who spends her life alone in the forest preparing to encounter God. The work is part of a series inspired by three paintings by Indian artist Nandalal Bose (1882-1966), whose retrospective will be on display concurrently in the Museum.

“ Multiple Modernities offers an unusual opportunity to appreciate the breadth of South Asian art from the 20th century, and gives insights into the challenges that artists confronted in developing both a national identity and authentic personal voices,” Darielle Mason, the Stella Kramrisch Curator of Indian and Himalayan Art, said.

http://www.philamuseum.org/exhibitions/321.html 
Source: www.theartwolf.com
Image details: Atul Dodiya Sabari with her Birds 2005

 

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