The art industry in India is still at a nascent stage, but has made rapid progress in recent years. Indian artists are slowly gaining recognition, not only within the country, but also abroad, and this has led to soaring prices for their works of art. Naturally, more and more galleries have opened up all over the country, and a greater number of art exhibitions and workshops are being organised. Indian art is being increasingly purchased by art lovers worldwide as well as by the affluent classes within the country, largely as status symbols. At the same time, corporate houses are also purchasing works of art and funding art exhibitions, which are, in turn, providing a boost to the domestic art industry. However, the art industry needs to tackle problems such as fake art sales to grow and develop further in future. Hide this