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Take a look at India Art List 2023 (Source: Hurun India 2023/Instagram)The Hurun Research Institute recently released the much-awaited fifth edition of India Art List 2023, revealing India’s most successful artists alive today. “The list ranks the top 50 living Indian artists by the sales of their works sold at public auction in the year ending on 31 July 2023. This marks the fifth year of the list,” it said.
It recorded ₹ 252.61 crore in total sales, showing a 113 per cent year-on-year growth. According to Hurun, 80 per cent of featured artists witnessed increased sale value. “Total lots sold reached 539, signifying a significant rise of 69 lots compared to the previous year. Ten artists on the Hurun India Art List 2023 witnessed over 100% increase in sales value.”
Reigning as the top artist for the fifth consecutive year is the British-Indian sculptor, Anish Kapoor. He saw ₹ 91 crore in auction sales. He is followed by Arpita Singh, a renowned painter from New Delhi, who recorded ₹ 24.71 crore sales. Figurative artist Jogen Chowdhury secured the third position with ₹ 19.76 crore.
Painter Gulam Mohammed Sheikh debuted at fourth position on the list. His artwork fetched ₹ 16.89 crore, which is the highest price for a creation by a living Indian artist in 2023. 26-year-old Raghav Babbar also debuted this year in the top 10 and became the youngest artist on the list.
Highlighting the role of women artists, Hurun shared that the top 50 ranking features 9 women artists, whose contributions account for 14 per cent of the total value. Talking of the art form, painting emerged as the most popular medium with 33 artists, followed by sculpting, with seven artists represented.
New Delhi retained its position as the art capital of India with 15 artists, followed by Mumbai with 10 artists. Meanwhile, 9 artists from the list now reside outside of India.
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*Anish Kapoor
*Arpita Singh
*Jogen Chowdhury
*Gulam Mohammed Sheikh
*Krishen Khanna
*Sakti Burman
*Raghav Babbar
*Rameshwar Broota
*Anju Dodiya
*Subodh Gupta
“Indian art is a growing market with a strong cultural heritage. It is a good value investment, and it is also a unique and beautiful way to add value to your home or office. If you are looking for a long-term investment that is both financially and aesthetically rewarding, then Indian art is a great option. The Hurun India Art List is one of the valuable sources for understanding India’s art landscape and initiating art collection. In a speech back in 2014, PM Modi stated that Indian art is “a treasure trove of human creativity” and possesses the power to ‘inspire and uplift people. I can’t agree more!” Anas Rahman Junaid, Managing Director and Chief Researcher of Hurun Report India said.
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