Sotheby's taps into Indian art mkt with Rs.304 cr sales
New Delhi, Feb. 18 -- Demand for Indian art is booming, as savvy millennials and high net worth individuals (HNIs) rush to pick up works of both modernist masters like Sayed Haider Raza, and Vasudeo S. Gaitonde as well as lesser-known painters such as Bhupen Khakhar, driving up record sales. London's Sotheby's, the world's oldest auction house, has emerged as a top performer in the Indian art market in 2024, more than doubling its sales to Rs.304 crore or $35.1 million by auctioning artworks from the portfolio of contemporary south Asian art....
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