More than 90,000 visitors from all over the world, a high turnover for the participating galleries: on Sunday, the most successful India Art Fair to date closed its doors in New-Delhi. We take a look back at this year’s edition of the most important platform for modern and contemporary art in the South Asian region – which is also part of our Regional Art Fairs initiative.
"It doesn't get busier than this" is what the organisers of the India Art Fair tweeted on Sunday, the last day of the India Art Fair 2017. And this was accompanied by a photo of the full aisles at the art fair in the NSIC grounds of the Okhla Industrial Area in New-Delhi. Founded in 2008, the annual fair has grown to become South Asia’s leading platform for modern and contemporary art and is a reflection of the burgeoning art market in the region.
Founder Neha Kirpal was correspondingly satisfied: "This edition of India Art Fair has been a huge success, with impressive sales and global engagement from more world leading institutions and collectors than ever before. The strong international institutional turnout and number of established, new and young collectors is reflective of the high level of interest in this region." International interest in India Art Fair has never been higher, with strong attendance from directors, curators, patrons and delegations from prestigious museums including The Met, MOMA and the Guggenheim in New York, TATE, Palais de Tokyo in Paris, The Singapore Art Museum, M+ in Hong Kong – just to name a few.
Richard Armstrong, Director of Solomon R. Guggenheim Museum and Foundation and participant at the Speakers' Forum, said: “India Art Fair is irresistible as we have an innate curiosity for what's going on in contemporary India. I've been hearing a lot about the fair and felt it was important to be here". Sheena Wagstaff from The Metropolitan Museum of Art said: “India Art Fair provides a crucial forum for important conversations that now rarely happen in the public sphere. The fair has grown enormously in this respect, and it is for that reason that I am very happy to be here. I love coming to India Art Fair as it provides such a great opportunity to take the temperature of contemporary Indian art.”
Over 90% of the 72 exhibitors reported strong sales results. The prices of the works ranged from more affordable pieces in the region of $ 1'000 to major works by artists such as S.H . Raza, F.N. Souza and M.F. Husain, priced upwards of $ 8 million.
In 2018 India Art Fair will mark its 10th anniversary. "We look forward to an exciting year ahead, nurturing new relationships and developing our global expertise as a part of MCH Group’s new Regional Art Fair initiative", says founder Neha Kirpal. With MCH Group’s involvement, the fair will progress as a leading face-to-face, and digital platform, supporting galleries and partners with a broader reach throughout the year.