Chennai emerging as hub of modern art
Teeming with a young breed of high salaried professionals, once conservative Chennai is fast emerging as a hub of modern art as young artists from across the country are making a beeline to cash in on the new wave of interest in paintings.
By PTI |
CHENNAI: Teeming with a young breed of high salaried professionals, once conservative Chennai is fast emerging as a hub of modern art as young artists from across the country are making a beeline to cash in on the new wave of interest in paintings.
There has been an emerging trend among the young professionals classified as High Networth Individuals (HNI) which mainly included top management staff of IT and ITES companies, to buy paintings as an investment option, industry experts said.
Lalit Kala Akademi Regional Secretary R M Palaniappan told PTI the akademi had hosted about 50 to 60 painting exhibitions of young painters in last year. The number of buyers for paintings had increased drastically and the young artists find the city a perfect platform to sell their works.
Of late, Chennai is catching up with Delhi and Mumbai, in attracting young artists to find buyers for their works.
There had been a fresh wave of interest among the high-salaried youngsters to buy paintings. They even do their home work by getting acquainted with different streams of art like modern and post-modern art, he said. Instead of buying works of M F Hussain or Sobha Singh at very high prices, they opt for paintings of new artists, he said.
Sharan Apparao of Apparao Art Galleries said while young artists are making a beeline to showcase their works; top artists have not yet turned their attention to Chennai which does not have enough intellectual forums to attract them. As a result, buyers are opting for works of lesser know young painters.
There has been an emerging trend among the young professionals classified as High Networth Individuals (HNI) which mainly included top management staff of IT and ITES companies, to buy paintings as an investment option, industry experts said.
Lalit Kala Akademi Regional Secretary R M Palaniappan told PTI the akademi had hosted about 50 to 60 painting exhibitions of young painters in last year. The number of buyers for paintings had increased drastically and the young artists find the city a perfect platform to sell their works.
Of late, Chennai is catching up with Delhi and Mumbai, in attracting young artists to find buyers for their works.
There had been a fresh wave of interest among the high-salaried youngsters to buy paintings. They even do their home work by getting acquainted with different streams of art like modern and post-modern art, he said. Instead of buying works of M F Hussain or Sobha Singh at very high prices, they opt for paintings of new artists, he said.
Sharan Apparao of Apparao Art Galleries said while young artists are making a beeline to showcase their works; top artists have not yet turned their attention to Chennai which does not have enough intellectual forums to attract them. As a result, buyers are opting for works of lesser know young painters.
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