NEW YORK.- Yamini Mehta, Head Specialist for Modern and Contemporary Indian Art and Hugo Weihe, International Director Asian Art: "Today's sale of Indian and Southeast Asian Art Including Modern and Contemporary Indian Art set another milestone for the contemporary Indian art community. Exceptional classical Indian sculpture as well as Tibetan painting also attracted strong international bidding in the morning session. Only three years after the historic sale at Christie's in which Tyeb Mehta's Celebration surpassed the $100,000 mark, realizing the record price of $317,500, Mahisasura, a work by the same artist, effortlessly exceeded the $1,000,000 threshold today. The striking red/black/white painting achieved $1,584,000 (Rs.69,458,400) - a new world auction record for any contemporary Indian painting - and was acquired by an Indian collector living in North America. In total the sale set 13 new world auction records, including for key artists such as Mehta, Husain and Padamsee. We are elated to have been able to provide the international platform Indian art clearly deserves.”