Copal Art aspires that at least one living space around every human being, be dedicated to an original work of Art, by widening the base of new collectors through knowledge sharing
However, given the overall push in the performance of the market, contemporary sales have also picked up. ArtTactic reports that previously popular contemporary artists such as Subodh Gupta and Jitish Kallat are still lagging far below 2007-2008 prices.
A significant change from the trends of 2008 is the consistent sales of established veteran artists of Indian modern art rather than contemporary artists.
• With the advent of international Auction houses, there has been a standardized approach to valuation of art, promotion and sale of Indian art. These guidelines will enable the efficient and consistent functioning of the art market in India.
• Art Summits like India Art Summit 2009 in New Delhi and the Art Expo 2009 in Mumbai, play the role of developing the art market by creating a venue for promoting Indian art.