Giftex.in’s Modern & Contemporary Art Auction delivered strong results; here are the top lots that surpassed estimates
Top 12 Sculptors Popular at Auction
As sculpture demand surges among collectors, here is a curated guide to the top artists shaping the market
The latest data on Indian sculptors by auction turnover reveals a market that is both top-heavy and incredibly diverse, where legendary names and Contemporary visionaries command prices that seem to reflect their impact on the art world.
A GLOBAL APPEAL
At the pinnacle of Contemporary sculpture stands Anish Kapoor, whose market dominance in 2025 was formidable. With a total auction turnover of ₹40.08 crore ($4.55 million) across 44 lots, Kapoor has found a loyal collector base and a global footprint. His work often blurs the line between art and architecture, and 2025 solidified his status as a blue-chip favourite. In an AstaGuru auction in May 2025, Kapoor’s untitled acrylic, plexiglass, and paint sculpture was a major talking point. This massive piece, measuring over 70 inches, sold for ₹4.66 crore ($529,545). The sale of this work illustrates the market’s appetite for pieces that manipulate perception and space, hallmarks of Kapoor’s international career.
If Kapoor represents the global direction, others like Modernists Sankho Chaudhuri, Prodosh Dasgupta and Leela Mukherjee, and Contemporary artists like G. Ravinder Reddy and Akhil Chandra Das represent the incredible breadth of the Indian narrative. Reddy, known for his monumental and often brightly gilded figures, saw significant success in August 2025. His piece, composed of polyester, resin, and fiberglass with paint and gilding, sold for ₹1.99 crore ($226,136). This reflects a growing collector appetite for works that combine traditional iconography with bold, modern materials. Reddy’s total turnover of ₹2.92 crore ($331,818) from five lots highlights the value placed on his works.
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