Business Daily from THE HINDU group of publications Wednesday, Aug 23, 2006 |
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Variety
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Arts & Crafts Christie's to auction Indian art Our Bureau
MR HUGO K. WEIHE, International Director, Asian Art at Christie's, at a special preview at an exhibition on the "Modern and contemporary Indian art" in the Capital on Tuesday. - Kamal Narang
New Delhi , Aug 22 Around 170 works of noted modern and contemporary Indian artists will go under the hammer at leading auction house Christie's in New York on September 20. "In the year 2000, we sold paintings by Indian artists for $6,50,000, while in the auction in spring this year, we achieved over $15 million. The upcoming auction, in September, is also expected to cross $15 million in sales", Mr Roddy Ropner, Business Development Director, Asia, Christie's, said.
Though buyers of such works of art are primarily non-resident Indians, more Asians are increasingly getting interested, Mr Hugo Weihe, International Director, Asian Art at Christie's, said.
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