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luxury market

Luxury Market

The latest data shows that the art market remained relatively range-bound between 2016 and 2020, when annual turnover stayed between ₹620 crore and ₹880 crore.
Updated : Sep 14, 2026

From ₹1 lakh lots to ₹100 crore masterpieces: How India’s art market is broadening

India’s art market is expanding across price points, from sub-₹1 lakh works attracting new collectors to marquee masterpieces fetching more than ₹100 crore. In 2025, auction turnover reached a decade-high ₹2,543 crore, while 4,057 of 5,059 lots offered found buyers.

Art is increasingly viewed by collectors as a store of value over long time horizons, alongside its cultural and personal significance.
Updated : Sep 13, 2026

Indian art market hits decade-high ₹2,543 crore turnover in 2025: Report

India’s secondary art market surged to a decade-high ₹2,543 crore in 2025, more than tripling from ₹792 crore in 2015, as collector participation and high-value sales strengthened.