The statistic depicts the result of a survey among ultra high net worth households (UHNHs) across India about their preferred source for purchases in 2016. The most preferred source for buying art among ultra high net worth households in India were art houses with about 71 percent, followed by exhibitions with 58 percent during the survey period.
Share of art purchases made by ultra high net worth households (UHNHs) in India in 2016, by source
Among ultra high net worth individuals across 12 cities in India
Method of interview
Face-to-face interview
Supplementary notes
The source defines an ultra high net worth household (UHNH) as a household with a minimum net worth of 250 million Indian rupees, mapped over 10 years.
Note: One Indian rupee is equal to 0.015 U.S. dollars and 0.014 euros (as of March 2017).
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Kotak Mahindra Bank. (July 28, 2016). Share of art purchases made by ultra high net worth households (UHNHs) in India in 2016, by source [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/statistics/683979/millionaire-households-in-india-art-purchases-by-source/
Kotak Mahindra Bank. "Share of art purchases made by ultra high net worth households (UHNHs) in India in 2016, by source." Chart. July 28, 2016. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/683979/millionaire-households-in-india-art-purchases-by-source/
Kotak Mahindra Bank. (2016). Share of art purchases made by ultra high net worth households (UHNHs) in India in 2016, by source. Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/statistics/683979/millionaire-households-in-india-art-purchases-by-source/
Kotak Mahindra Bank. "Share of Art Purchases Made by Ultra High Net worth Households (Uhnhs) in India in 2016, by Source." Statista, Statista Inc., 28 Jul 2016, https://www.statista.com/statistics/683979/millionaire-households-in-india-art-purchases-by-source/
Kotak Mahindra Bank, Share of art purchases made by ultra high net worth households (UHNHs) in India in 2016, by source Statista, https://www.statista.com/statistics/683979/millionaire-households-in-india-art-purchases-by-source/ (last visited December 30, 2024)
Share of art purchases made by ultra high net worth households (UHNHs) in India in 2016, by source [Graph], Kotak Mahindra Bank, July 28, 2016. [Online]. Available: https://www.statista.com/statistics/683979/millionaire-households-in-india-art-purchases-by-source/
