Business Standard

India Inc Widens Canvas, To Trade In Art

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Reeba Zachariah BUSINESS STANDARD

The next time on your visit to the Jehangir Art Gallery, you will most probably see a famous industrialist admiring a painting.

But he may not just be thinking of just adding another item to his already extensive art collection; for all you know he may be viewing a prospective investment opportunity.

The movers and shakers of the corporate world are just realising that art need not just adorn their homes but could also look good on their balance sheets, too.

Trading in art, a common practice in the west is only now evolving in India. The works of top artists command a premium in the market and now the country

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First Published: Jan 07 2003 | 12:00 AM IST

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