Provided is an ink composition containing a pigment, an aqueous medium, a
copolymer resin of a hydrophobic monomer and a hydrophilic monomer, and a
urethane resin, wherein the weight ratio of the copolymer resin to the
urethane resin (copolymer resin/urethane resin) being from 1/2 to 2/1,
and wherein the pigment having an area average particle diameter of from
150 to 350 nm. Also disclosed are a production process of the ink
composition, an ink set and a recording process using the ink
composition, and a recorded image formed by the recording process.