News From Press Investing in art? Check out this IIM Ahmedabad index

Investing in art? Check out this IIM Ahmedabad index

Source: Mint Nov 30, 2022

Earlier this year, an untitled painting by V.S. Gaitonde—one of India’s most popular artists—sold for ₹42 crore, making it one of the highest prices ever bid for a work of Indian art. But what explains the exorbitant prices commanded by these artworks of Indian artists, be it M.F. Husain, Gaitonde, Tyeb Mehta, Raja Ravi Varma, FN Souza or Raza?

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