But Haven’t We Heard That Before?
The backdrop is healthy, but experts agree there are no shortcuts to building meaningful trade.
The India Art Fair 2018. © Andy Barnham.
Just over a decade ago, the International Herald Tribune published an article with the triumphant headline, “India’s art market booming.” The boom, however, didn’t last, and the market deflated following the financial crisis.
Fast forward to 2018: Similar stories on the rising Indian market have begun to surface again. But is the country’s art trade really in a more stable position for long-term success today than it was in 2007? Depends on who you ask.