The country’s economy is growing at around 7% annually, and the art market has reportedly grown 13% in just the past year. Art fairs, led by the Kochi-Muziris Biennale in Kerala state (along with the Dhaka Art Summit in neighboring Bangladesh), are booming as well. All this is despite uncertainty around a new tax and last year’s tumultuous currency reform, which saw all 500- and 1,000-rupee notes withdrawn.