Additionally, the auction will also introduce new media like installation, sculpture and photography.
There will be 125 lots, featuring 44 contemporary artists - the post independence generation who I believe have created their own sensibilities with an eye on international trends.
The range of estimates for the works allows new buyers to enter the market.
This auction has opened a space at the bottom for a new generation of artists to come into auctions. The auction results are a sheer boost to young artists. Just like China, Russia and the US, Indian contemporary art was the next big genre to arrive on the world scene.
