Indian art is booming – Artprice recorded a 483% increase in prices between 2005 and 2006 – fuelled both by buying in India and by those outside the subcontinent. The leading artworld figure in India is the London-born entrepreneur Neville Tuli, founder of the Mumbai-based auction house Osian’s. Osian’s holds six sales a year and last year launched a $25.6 million art fund investing in contemporary Indian art, making it the largest art fund in Asia. It will soon expand to Dubai, where it will run a saleroom, film festival and archive, as well as launching a second offshore art fund. There is also CARD, Tuli’s vast archive and art collection, which comprises more than 33,000 works of classical and modern art, and thousands of items of film memorabilia and research documents, according to the indefatigable Tuli. Oh yes, and Tuli has launched the ET Art Index with the Indian Economic Times, which calculates the value of work by 51 top Indian artists according to the average cost per square inch (a method not without its detractors). Enough? No: Tuli also owns a leading Asian film festival and is establishing an arts-film-culture complex dubbed Osianama in central Mumbai.