The economic slowdown being witnessed in the country has left artists of contemporary art affected forcing them to take up side jobs to make ends meet.
Contemporary artists witnessed a boom in the 2000-2007, but thereafter as the market shrank many of their work remained unsold, National Award winner Aditya Basak said.
Indian painters had started making their presence felt world-wide after commercial galleries came up in the 1980s, but the good days lasted till mid-2000, Basak, based in Kolkata, said.
Basak had won several awards including National Award in 1986 and West Bengal state Academy award in 1987. He has held more than 76 solo exhibitions in India and France, United Kingdom, Switzerland, USA and Singapore since 1957.
He, alongwith a host of renowned painters from across the country, was here to take part in a four-day 'Art in Industry Camp-2013' organised by Tata Steel at the Centre for Excellence last week.
Around 20 painters, some of them internationally known, took part in the camp.
Reputed Delhi-based artist Vijender Sharma, however, said the economic meltdown was a 'temporary phenomenon' and that the market would look up sooner than later.
Terming the economic scenario as 'cyclic', Sharma said, "I hope the market for 'genuine' artists will emerge stronger as they have learned to face the challenge and accordingly adapt themselves.
