As India moves towards high-income status, the number of art buyers is skyrocketing and the market is taking off. This happened two decades ago in China and is now starting in India
The second priciest painting ever sold by an Indian was The Story Teller by Amrita Sher-Gil for $7.4 million. The third priciest was Kalliste by Sayed Haider Raza which sold for $5.6 million.