Indian Art Market Confidence Survey – November 2011

No. Pages8
ResearchersAnders Petterson, Nathan Engelbrecht
Report TypeArtist Report

The confidence in the Indian Modern art market remains high, despite negative economic outlook
ArtTactic’s Market Confidence Surveys provide in-depth analysis of market confidence based on data gathered from ArtTactic’s network of industry professionals and tastemakers. The surveys also include unique analytic tools including a risk and speculation barometer, as well as short/long term confidence indicators for specific artists from the region.

The overall ArtTactic Indian Art Market Confidence Indicator is down by 28% from April 2011, as the confidence in the Indian economy drops by 69%. However, despite this, market experts remain strongly positive about the Indian Modern art market, with confidence also creeping back into the contemporary Indian art market. This report provides a full update of the ArtTactic Indian Art Market Confidence Indicator and Speculation Barometer from the previous report in May 2011.