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IIMA Collaborated with Aura Art To Promote Indian Art And Artists Globally

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IIMA Collaborated with Aura Art To Promote Indian Art And Artists Globally

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In collaboration with Mumbai-based Aura Art Development Pvt Ltd (Aura Art), a provider of art infrastructure solutions and a specialist in art transactions, the Indian Institute of Management Ahmedabad (IIMA), a leading international management institute announced the launch of the IIMA-AuraArt Indian Art Index (IAIAI). The IAIAI comes as a welcome intervention for the Indian art market, which, despite still being in its infancy, is growing rapidly. This index is the first of its type that charts the rise in the value of Indian artists\’ works sold at auctions around the world. The country has little experience with art indices, and most purchases are still motivated by a \”gut feeling,\” therefore the need is urgent.

A data-driven methodology called IIMA-AuraArt Indian Art Index (IAIAIAI) examines price changes in artwork auctions of the top 25 Indian artists worldwide over a 20-year period. IAIAI will function as a Constant-Quality Art Price Index and is based on a hedonic pricing model. Nearly $100 million is spent annually on art that is sold at auctions in India. A new art pricing index (IAIAI) has been created by IIMA at the Indian Institute of Information and Machine Learning (IIMA) in New Delhi using auction results of more than 9,000 pieces by the top 25 Indian painters. Over the course of 11 auction houses and more than 20 years, from April 2001 to June 2022, IAIAI works were sold at public auction. Read more on Indiaeducationdiary.

CIMA Art Mela is back with modestly-priced artwork

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The last weekend of November sees CIMA host the largest inexpensive art market in India, which is a must-attend event for art lovers in Kolkata. Due to its popularity, the salon-style exhibition, where visitors can stroll in, peruse, purchase art, and take it home, has been extended to Delhi and Mumbai as well. Art Mela offers a variety of mediums to pick from, either to start a collection or add to an existing one, from oils to watercolours, graphics to sculptures. Even if it is not from well-known artists, buyers may be confident in the authenticity and quality because all the artists on the show have undergone thorough screening. With works by CIMA Award winners and finalists from all over India, in addition to the regular Art Mela artists, both senior and young, this year\’s event offers greater variety in terms of styles, materials, and prices.

 

We try to be as transparent and objective as we can. The prices are all stipulated so there is no underselling or overselling, says Sarkar. Art Mela provides a platform where one can get a Paresh Maiti, a Lalu Prasad Shaw, a Jogen Chowdhury, or a Ramananda Bandyopadhyay off one wall and artworks by young artists of the next. Art Mela 2022 is open from November 25-27, 11 am to 8 pm, at CIMA Gallery. More on The Telegraph.

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Young exponents learn centuries-old Kotah miniature art to keep drying craft alive

The Kotah royal family-run Rao Madho Singh Museum Trust held a 10-day \”Kotah Miniature Art Workshop\” at City Palace. Participants reported having ample opportunity to learn and use the necessary skills and strategies. Under the guidance of the former Bundi royal family, participants received training to become masters of the miniature painting genre. Varun Sisodia, a jewellery designer, claimed that Mohammed Lukmaan\’s artwork was a major inspiration.

Human figures in Kotah miniature paintings typically have almond-shaped eyes and are about average height. The painting style used on Kotah miniatures is quite similar to that used on Bundi miniatures. The Kotah style is distinguished primarily by its use of bright blue and green hues, miniature depictions of woodlands and hunting scenes, small human figures with almond-shaped eyes and sharp facial features, and bell-shaped skirts that extend past the knees. Read more on The Indian Express.

 

 
 
 
 
 
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