Why art,
and why now.
In 2025, the world spent US$59.6 billion on art, its first rise since 2022. In India, the rise has been far steeper, and many of today's buyers are collecting for the first time. They are not filling vaults. They are completing homes.
India is collecting again
Indian art sold at auction reached Rs. 2,543 crore in 2025, four times its 2020 level.
At Goomti, we bring paintings, sculpture and commissioned work into the rooms they were meant for. The collection begins there.
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| Rs. crore | |
|---|---|
| 2015 | Rs. 792 cr |
| 2016 | Rs. 662 cr |
| 2017 | Rs. 651 cr |
| 2018 | Rs. 876 cr |
| 2019 | Rs. 740 cr |
| 2020 | Rs. 623 cr |
| 2021 | Rs. 773 cr |
| 2022 | Rs. 1,110 cr |
| 2023 | Rs. 1,707 cr |
| 2024 | Rs. 1,683 cr |
| 2025 | Rs. 2,543 cr |
Source: Artprice, as published in 360 ONE, The Collector's Guide 2026. Calendar years; public auction sales only, excluding gallery and private sales.
A market growing again
In 2025 the world spent US$59.6 billion on art, its first rise since 2022. Dealers and galleries still carry more than half of it.
Most art still changes hands through a person, not a paddle. A curator who knows the work, and the room, is part of what a collector buys.
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| US$ bn | |
|---|---|
| Dealers and galleries (+2%) | US$34.8 bn |
| Public auctions (+9%) | US$20.7 bn |
| Private auction sales (−5%) | US$4.2 bn |
Source: Art Basel and UBS, The Art Market 2026. Parts are rounded; private sales were just under US$4.2 bn.
From the Bengal School to your walls
India has declared nine artists National Art Treasures, whose works may not leave the country. Six of them came from Bengal: Rabindranath, Abanindranath and Gaganendranath Tagore, Nandalal Bose, Jamini Roy and Sailoz Mookherjea.
That way of seeing still lives in Bengal's studios. At Goomti, we bring their work from the studio to your walls. A lineage you can live with.
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| From Bengal | |
|---|---|
| Rabindranath Tagore | Yes |
| Abanindranath Tagore | Yes |
| Gaganendranath Tagore | Yes |
| Nandalal Bose | Yes |
| Jamini Roy | Yes |
| Sailoz Mookherjea | Yes |
| Amrita Sher-Gil | No |
| Raja Ravi Varma | No |
| Nicholas Roerich | No |
Source: Antiquities and Art Treasures Act, 1972, National Art Treasures list.
Myth, India's most valued subject
In April 2026, Raja Ravi Varma's Yashoda and Krishna sold for Rs. 167.2 crore, the highest price ever paid for an Indian work at auction. The record has been rewritten four times since 2021, and its newest holder is a mother and child from Indian myth.
India has always returned to its myths. Siddhartha Sengupta's Krishna and Samik De's deities carry that conversation forward in a contemporary hand. Myth, made personal.
ThemeMythological
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| Rs. crore | |
|---|---|
| V.S. Gaitonde, 2021 | Rs. 39.98 cr |
| S.H. Raza, 2023 | Rs. 51.75 cr |
| Amrita Sher-Gil, 2023 | Rs. 61.8 cr |
| M.F. Husain, 2025 | Rs. 118 cr |
| Raja Ravi Varma, 2026 | Rs. 167.2 cr |
Source: Hindustan Times (2021), India Gazette (2023), IIMA-Aura Art Indian Art Index (2025), Open Magazine (2026). Nominal prices; each step is a new record, held until the next sale beat it.
Why the original matters
In a 2025 study for Art Fund, researchers at King's College London found that about twenty minutes with original paintings lowered cortisol by 22%. Reproductions lowered it by 8%.
Texture, scale and the trace of a hand do something a print cannot. Ramdas Thorat's fields and rivers, built in richly textured acrylic, are made to be met in person. Every work we offer is an original. Calm, hung on your wall.
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| % | |
|---|---|
| Viewing original paintings | 22% |
| Viewing reproductions | 8% |
Source: King's College London for Art Fund (2025), 50 participants aged 18 to 40 at the Courtauld Gallery; not peer-reviewed at release. Inflammation markers also fell after viewing originals: IL-6 by 30%, TNF-alpha by 28%.
Art and a long life
Researchers at University College London followed 6,710 adults over 50 for fourteen years. Those who engaged with the arts every few months had a 31% lower risk of dying during that time than those who never did. It is an association, not a promise.
Time with art is time well spent. Jiban Biswas calls a series of his paintings Quality Time. We believe a home should offer that every day. Well-being, within your walls.
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| % | |
|---|---|
| Every few months or more | 31% |
| Once or twice a year | 14% |
Source: Fancourt and Steptoe, UCL, BMJ (2019). 6,710 adults aged 50+ in England, followed for 14 years; arts engagement included museums, galleries, exhibitions, theatre and concerts. An association, not proof of cause.
New homes, unfinished rooms
The number of Indians worth US$30 million or more has grown 63% in five years, to 19,877, according to Knight Frank. One of Mumbai's leading gallerists links India's art revival to its booming real estate, and the walls that come with it.
A room is not finished when its walls are painted. It is finished when it holds something that speaks of the person within it. We pair each work with its wall, its light and its life. Your home, completed.
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| people | |
|---|---|
| 2021 (just over 12,000) | 12,200 |
| 2026 | 19,877 |
| 2031 (forecast) | 25,217 |
Source: Knight Frank, The Wealth Report 2026. 2021 figure reported as "just over 12,000" (drawn at the level implied by the reported 63% growth); 2031 is Knight Frank's forecast.
Being a collection
Wealthy collectors around the world now hold a fifth of their wealth in art and collectibles, up from 15% a year earlier. For Gen Z collectors, the share is 26%.
A collection rarely begins with a plan. It begins with a single work that stays with you. We help you find it, or commission it for your space. The first chapter, yours to write.
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| % | |
|---|---|
| 2024 average | 15% |
| 2025 average | 20% |
| Gen Z collectors | 26% |
| Collectors worth US$50 mn+ | 28% |
Source: Art Basel and UBS, Survey of Global Collecting 2025 (3,100 high-net-worth collectors across 10 markets; global figures, not India-specific).
Buyers are back in the room
Collectors want to stand in front of the work again. Art fairs rose to 35% of dealer sales in 2025, while online-only sales fell to 15% of the market, from a 2020 peak of 25%.
This is why we hold showings, not just listings. A work is understood in a room, among people who feel the same pull.
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| 2024 | 2025 | |
|---|---|---|
| Art fairs, share of dealer sales | 31% | 35% |
| Online-only, share of all art sales | 18% | 15% |
Source: Art Basel and UBS, The Art Market 2026; 2024 fair share via Artinfoland. Fair share is of dealer sales; online share is of all art sales. 2024 online share derived from the reported 3-point fall to 15%.
Sourced, not borrowed
Each figure names its source and year. Where a study shows a link rather than a cause, we say so.
Renewed each year
The Art Market is refreshed with every new edition of the reports it draws on. Past editions stay available.
Read with the work
Numbers explain why people collect. The reason to bring a work home is still the work. Stand with it first.
Begin with one work that stays with you.
Send us a photo of the wall. A curator will suggest works in proportion, in your light.
Jiban Biswas
Siddhartha Sengupta
Samik De
Saroj Basu
Sudip Chandra
Rabin Roy
Samir Sarkar
Dilip Das
Ramdas Thorat