Vickram Sethi unfurls art expo in Delhi

KOLKATA: Mumbai-based art promoter Vickram Sethi has brought his second art expo to the financial capital of India. The expo has been unfurled by Sethi���s Trade & Technology Exposition Co (India) Pvt Ltd. There are 29 galleries participating including four from overseas.

The fair, which ends on Sunday, September 27, is attempting to create a platform to bring together gallery owners, dealers art funds, auction houses, investors, insurance outfits and collectors.

"In comparison to the international art markets, the Indian market is in a very nascent stage. Given the present technological advancement, it is only a matter of time before the market grows at a rapid pace. In order to accelerate this process, there was a great need to have an art fair/expo so that there is common ground for gallery owners, dealers, art funds, auction houses, insurance companies, collectors and investors to the meet," Mr Sethi told ET.

Dwelling on his first fair last year, Mr Sethi said, "Last year, collectors got a first-hand knowledge on the kind of art available, the dealers and the prices at which works were being traded. Besides, service providers were able to meet gallery owners and, above all, participants were able to make new contacts and expand their own marketing activities."

Sethi remains upbeat about future prospects of India art. "One feels, Indian art enjoys a bright future. Hopefully, sometime in the near future, names like Tyeb Mehta and M.F. Husain would be considered in the same league as Monet and Warhol," he said.