New Delhi, March 30 -- Would you marry someone you only met online?" asks Marc Spiegler, global director, Art Basel. I'd asked him if virtual fairs could replace physical fairs in the foreseeable future. It's unlikely, says Spiegler, a former art critic and art market journalist who likes to speak in dating-related metaphors.

Established in 1970 in Switzerland, Art Basel has become the world's premier art sales platform. The fair launched editions in Miami Beach and Hong Kong in 2002 and 2013, respectively. Under the leadership of Spiegler, who took over as global director in 2012, the fair has transcended its identity as a trading platform to become an art event.

Spiegler continues to innovate with new programmes such as Art Basel Citi...