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Dawnay Day
International, the $10 billion UK-based investment company, is
planning to invest in the booming Indian Art Market
Dawnay Day is bullish on contemporary Indian art and plans to set up
an auction house for Indian art.
It has bought over 200 pieces and sees it as a good investment option.
"Indian contemporary art is very good and has great artists. Price of
Indian art pieces has gone up 25 times in the recent times. We are
exploring the possibility of setting up an auction house for Indian
art," Naggar said.
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