Pandemic-beating US$5 Million Indian Art Record

Strong interest in Japanese collector’s online live auction

By: John Elliott

Indian modern art has reached record prices in the past week with more than US$$5 million paid for a single work at a time when the country’s auctions are continuing to defy the Covid-19 pandemic with strong results.

The new country record was set with a bid of the equivalent of US$5.02 million including a 15 percent buyer’s premium – for…