A refreshing Art Initiative Religare With a flood of interest being generated in Indian art, paraphernalia of art is growing albeit in a non organised tipsy fashion.Normally the world over there is a clear distinction between art museums and art galleries. The museums often owned by state are supported by the private capital from donations or gifts of money or/and works of art. The private galleries operate on the unitary principle of profit. Art galleries use the fundamental of high profit generation for their operations. They have research departments that keep pricing/popularity tracking of individual artists, they scout for fresh talent, research on future graph of artists to invest and hold inventories of works of art, collaborate with art auction houses and art Funds, carry out documentation on art and artists for different genres, media, period etc, they work to create durable relations with substantial interest art collectors, they help to build theme specific collections for individual collectors, they help to reshuffle the existing portfolio of art of collectors, help in the valuation and authentication of art works, they seek suitable art curators for upcoming exhibitions, they plan their art calendar for medium and longer terms periods, they work out their media plans for art promotion.A very important function of private galleries alongside profits is to educate and create awareness and interest about art in general and in specific art works of artists with fresh creative expressions.
This they do by mounting exhibitions and learned writings on art. They also organise interactive sessions with art loving public and the collectors, Organising lectures and seminars involving experts from the field.Is it for money alone that one should look for art related activities? Yes and no. First let s consider art as investment value. The systematic, expertise based investments in art requires market transparency, information flows, to fair pricing mechanism and a developed art infrastructure in which competitive art market exchanges can take place.