This year's edition of the India Art Fair is likely to be remembered as the one where it moved from an Indian event to an international one. Now in its fourth year, the fair has attracted international artists and dealers keen to get a slice of the booming Indian art market. “We've bought Damien, Tracey, Mark and Antony,” said Graham Steele, director of London gallery White Cube. Also in the line up are a raft of high-profile galleries such as Hauser and Wirth from Britain and the United States, Galleria Continua from Italy, Arndt from Germany and Kalfayan Galleries from Greece.
The fair has also internationalised its investor base. Last June Neha Kirpal, the founder and director of India Art Fair, sold a 49% stake in the fair and brought on board the co-founders of ART HK, Sandy Angus and Will Ramsay. This followed news that MCH Swiss Exhibition (Basel) Ltd, the organiser of Art Basel and Art Basel Miami Beach, would take a majority ownership in ART HK.