To commemorate its 40th anniversary in 2003, the Mumbai-based Gallery Chemould held an exhibition at the National Gallery of Modern Art, Mumbai. It included works by 50 artists from a span of four generations. Rather than simply showing a succession of works that had passed through the gallery, curators Geeta Kapur and Chaitanya Sambrani wanted to explore and even challenge the perceptions of modern Indian art. Therefore, the artists presented were not directly affiliated with the gallery in terms of dealership. According to Kapur and Sambrani—who, like the artists, are also separated by a generation—the exhibition is intended to be an invitation to engage with the multifariousness of modern Indian art. The exhibited works included painting, sculpture, installation, photography, and video art.

The curatorial note by Geeta Kapur and Chaitanya Sambrani states: 'diVERGE presents an adventure of crossings and sign-posts them to point in both, and in many, directions at once. It presents smooth and awkward crossovers on unevenly charted routes. We hope to configure artworks to explore what these new meanings might (and might-not, after all) be in what is undoubtedly a most volatile moment for Indian contemporary art.'

On the eve of the exhibition opening, The Perfect Frame, a book by Karin Zitzewitz, was released. The book documents Kekoo Gandhy's crossing of generations and his participation in the modern Indian art scene over the past four decades.