From the Mag: a Broader Canvas ; Amid Speculation and Fears Due to the Global Downturn, the Indian Art Summit Strikes Many Right Notes in Its Second Year.

Summary

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At a time when summits are all about doom and gloom, this was one to lift the spirits and suggest that at least art is, to some extent, recessionproof. Given the economic slowdown, organisers of last week's Indian Art Summit in Delhi choose to concentrate on creating a space for dialogue, fearing that sales would not be enough to pull in the crowds.

They were in for a pleasant surprise. While the art market across the world has suffered due to the recession, the Indian Art Summit proved market analysers and critics wrong by managing to sell approximately 50 per cent of all works on display.

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Extract

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From the Mag: a Broader Canvas ; Amid Speculation and Fears Due to the Global Downturn, the Indian Art Summit Strikes Many Right Notes in Its Second Year.

The second edition of the Indian Art Summit came back bigger and better-dismissing notions about last year's success being a one- off. With the participation of 54 galleries-17 are from countries like the Philippin...

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