"The Indian art market has been reinvigorated in the past few years buoyed by the country's strong, post-pandemic economic growth, and Mumbai, as its leading hub of business activity, has led the charge. While modern art still accounts for the lion's share of the market with Mumbai-based auction houses like SaffronArt, Astaguru and Pundoles setting all-time-records, contemporary art has become more mainstream in recent years."
"These galleries have been set up by millennials, often with business degrees and non-arts backgrounds, and do not shy away from using their spaces as platforms for socio-political critique. Many of them have set up shop in Mumbai's established art district, located in the three neighborhoods-Colaba, Fort, and Kala Ghoda-in the southern part of the city, while others have opted to open farther afield."
"After corporate roles with KPMG and McKinsey in the United Kingdom, Ayesha Parikh returned to India and started Art & Charlie as a nomadic space in 2019. Initially the gallery staged pop-up shows in hip restaurants and cafes before securing its current home in a charming Portuguese colonial-era house in Bandra, a sea-facing neighborhood in the western fringes of the city, in 2022."
The Indian art market has strengthened in recent years driven by robust post-pandemic economic growth, with Mumbai as the central business hub. Modern art continues to dominate the market while contemporary art has gained mainstream traction. Emerging artists and a younger generation of collectors have attracted attention, but younger gallerists have often flown under the radar. Many new galleries are founded by millennials with business or non-arts backgrounds and use exhibition spaces for socio-political critique. Several of these galleries operate in Colaba, Fort, and Kala Ghoda, while others open in alternative neighborhoods. The city will host Art Mumbai, November 13–16, and five emerging Mumbai galleries are highlighted, including Art & Charlie, which began as a nomadic project in 2019 and established a Bandra space in 2022.
Read at ARTnews.com
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