When AV Birla group Chairman Kumar Mangalam Birla moves into his new home on Altamount Road in Mumbai in the next few months, he will have over 800 old and contemporary Indian paintings to choose from to adorn the walls of his house.
Basant Kumar Birla, Kumar Birla's grandfather, is bequeathing half of his famed art collection to his two daughters Jayshree, Manjushree and to Kumar in equal proportion. The other half of the collection has already been given to the Birla Academy of Art & Culture in Kolkata.
"Even after giving half of my collection to the academy, I am left with 2,500 paintings. There are caricatures, Kalighat pots, the paintings of Rabindranath and Abanindranath Tagore. Even though most of the paintings belong to the old schools, there are contemporary paintings too. All these will be divided among the three," BK Birla told Business Standard from Kolkata over the telephone.
He refused to talk about the value of the collection. "I am not a trader. There have been offers from some US investors, who offered to pay Rs 80 lakh (Rs 8 million) to buy one painting, but I will not sell them," Birla said. He is also confident that neither of his daughters, or grandson, will sell them. "They will not make money by selling them. I don't know about the next generation," he added.
Does he have any favourite painting? Will he send some of his favourite canvases to the Kumar Birla home? "Every painting has its own charm. The Kalighat pots are unique.