India Art Fair closes with robust sales

The First Art Newspaper on the Net    Established in 1996 Thursday, April 18, 2024


India Art Fair closes with robust sales
India Art Fair 2022.



NEW DELHI.- The 2022 edition of India Art Fair, the leading platform to discover and celebrate modern and contemporary art from South Asia, closed on 1 May amid reports of robust sales. Presented by BMW India from 28 April to 1 May 2022 at the NSIC Exhibition Grounds in New Delhi, the fair presented a strong contingent of 77 exhibitors, including 63 galleries and 14 institutional participants from 16 cities in India and beyond. This edition welcomed new and returning visitors including from leading HNWIs and art patrons, artists and curators, young collectors and students, cementing the fair’s position as a platform to engage with, discover and collect South Asian art.

Celebrating the return of its physical format in 2022, India Art Fair unfolded a range of public programmes and tightly curated gallery presentations that championed new trailblazing voices alongside established household names. The fair featured over 500 modern and contemporary artists, an unrivalled representation of non-profits and institutions, an oversubscribed auditorium talks programme, colossal outdoor art projects, Artist in Residence workshops, cutting-edge performances and a reimagined PLATFORM section that showcased underrepresented traditional and folk Indian art forms.

Jaya Asokan, Fair Director of India Art Fair, commented: “As the first fair that I oversaw, I am immensely proud of the team and all our artists, galleries and partners for working so seamlessly together and for pushing the boundaries of the region’s artistic language. The upbeat energy at the fair has demonstrated that audiences here are ready to dive back in and experience art in person again, a true embodiment of the strength and resilience of the region’s art scene...I am delighted at the success we achieved this year, which will help shape the expectations and narrative for future editions of India Art Fair.”

“The 2022 edition of the fair is nothing short of a miracle. I have seen amazing work by young artists and real engagement from the visitors, which really is the crux of art. This is an example of how the art and culture community can come together to not only reflect on the recent past but also pave the way for Indian culture for the next hundred years. This is a big contribution towards our culture, civilization and humanity, and I look forward to greater participation from the Government in the future as well.” - Adwaita Gadanayak, Director, National Gallery of Modern Art




“We were overwhelmed by the response on the first day itself. The number of visitors who came out was astonishing, and we hadn’t expected this kind of both buying interest as well as the interest in purely enjoying the work. The works in our booth start slightly below INR 1,00,000 to around INR 50,00,000 and over, and we’ve sold across this range. We have seen a lot of younger collectors this year as well as major acquisitions made by institutions.” - Mortimer Chatterjee, Gallery Director, Chatterjee & Lal

“It’s been a tough period and yet the fair has been handled successfully. I’ve seen a lot of new audiences looking and appreciating art, and in fact, acquiring them. While making my enquiries at the various galleries, I have been pleasantly surprised to find out that they have been already sold, and that too, to a young collector.” - Kiran Nadar, Patron and Founder of Kiran Nadar Museum of Art

“There has been great energy at the fair. A lot of people around India and specially from smaller cities have made the effort and come, including Pune, Ahmedabad, Hyderabad, Bangalore and Hampi. There has been a lot of interest from architects and interior designers, as well as a whole host of private collectors. There’s something for everyone at our booth, with works ranging from INR 75,000 and going up to INR 11,00,000. We sold out completely on day one, and had to rehang for the remaining fair days.” - Anahita Taneja and Shefali Somani, Founders and Gallery Directors, Shrine Empire

“It’s wonderful to be back at India Art Fair after its hiatus and experience the infectious energy of the art fraternity throughout the city. We at DAG have seen a whole lot of new buyers at the fair, and have received interest from over a score of potential genuine buyers, who are all HNWIs. Many of these buyers have been brought to the fair by architects and interior designers with the intention of buying high quality and historic art for their homes. We have never experienced this kind of appetite for higher-end art, with people willing to pay prices between INR 50,00,000 to INR 5,00,00,000 for the masterpieces we have on display. It’s a great bellwether for the boom the market is experiencing, and India Art Fair needs to be commended for pulling off the event against mitigating circumstances.” - Ashish Anand, CEO and MD, DAG

“I am completely swept away by this tsunami of absolute optimism at the fair. It has been great to come together and to recognise the fact that art and experiences like the fair are part of the healing process, coming out of the pandemic. The urgency and the desire to connect here has been more than any other art event that I have been to in the past 15 years in the region.” - Nikhil Chopra, Artist and Co-Founder, HH Art Spaces










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