Vasant Rai (1942–1985) was an Indian musician who played the Indo-Afghan instrument the sarod.
Rai was the last student of Baba Allauddin Khan, who is best known as the teacher of Ravi Shankar.
He settled in New York City in 1969 and lived mainly in the Greenwich Village area and also for a short time at the Chelsea Hotel when he was not touring.
Alla Rakha, Mahapurush Mishra, Shamta Prasad and Zakir Hussain usually accompanied him on the tabla.
Vasant Rai's notable western musicians were Lex Hixon, Collin Walcott, and Don Cherry.