ReferIndia News Gold rush missed: Can India dig its way out of import dependence?

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Gold rush missed: Can India dig its way out of import dependence?

Published on: June 17, 2026, 11:49 p.m. | Source: The Economic Times

India's significant gold imports, exceeding 800 tonnes in 2024 while producing only 2 tonnes, highlight a missed opportunity. Learning from China's efficient domestic production and exploration excellence, India could revive its gold mining sector. This requires foreign capital, technology, and investor protections like Bilateral Investment Treaties to attract necessary investment for discoveries.

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