New Delhi, Sept. 7 -- When Christie's set up its representative office in Mumbai in 1994, it was the first international auction house to enter India. In the 25 years since, the auction house has seen its fair share of highs and lows. It has enabled record prices to be set for many Indian modernists -the top eight in the South Asian Modern and Contemporary Art category were achieved at Christie's, including an untitled work by modernist V.S. Gaitonde, which sold for a record Rs.29.3 crore in 2015 in Mumbai.

A couple of years ago, Christie's brought its live auctions in India to a close, but its specialists continue to seek out collections and sellers of Indian art through their Mumbai branch. As part of the 25th anniversary, Christie's i...