The 4th edition of India Art Fair, formerly India Art Summit, will once again bring focus to the rapidly growing Indian art market. The 3rd edition in 2011 drew 128000 visitors over 4 days. While 80% of the galleries reported buoyant sales, the fair also attracted a record number of new collectors (30-40%). In only three years, India Art Fair has consolidated its position as the region’s leading platform for modern & contemporary art.
With one of the world’s fastest growing economies and HNWI (high net-worth individual) populations, and an expanding collector base, India is increasingly becoming an important centre for the global art market. The 4th edition promises to see a greater number of collectors, artists, galleries and audiences from India and across the globe.