Click to play videoNew Delhi: Being held in the capital at Pragati Maidan from Aug 19 to Aug 22, the Indian Art Summit is the place for every all kinds of buyers to pick their choice from a range of artwork.
From the masters like Raza, Manu Parekh and Anjolie to our best known contemporary names like Subodh Gupta and Mithu Sen, they are all there along with new media installation and a special hall for video works.
But artists and gallerists are not expecting good business at the summit in the face of a sagging art market.
"We aren’t looking at this about sales, it’s more about networking, it’s the time of intense confusion. Everyone's confused - artists, dealers and especially collectors,” says gallerist Peter Nagy.
And yet there is a buzz that the art summit may give a boost to the market that dipped by 40-50 per cent last November.
In 2008, the Summit sold out about 50 per cent of works exhibited by 34 galleries, making it one of the most successful first editions across the world.
This year, there are 54 galleries hoping to push that figure up.
As for art lovers, the highlight of summit is without a doubt, Anish Kapoor.
The UK-based artist of Indian origin is showing for the first time in India. There's also Salvador Dali, Picasso and Andy Warhol. Works on sale range from Rs 150 rupees to Rs 4 crore.
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