BusinessPhoto: News18 BusinessIndia's 30,000 Tonnes of Idle Gold Could Cut Imports and Boost Income
India holds around 30,000 tonnes of gold in households and temple trusts, far exceeding its annual consumption of 700-800 tonnes, much of which is imported. Mobilising this idle gold through selling, leasing, or monetisation schemes could increase domestic supply, reduce import dependence, and generate income. Keyur Shah, CEO of Muthoot Exim, highlights the potential of recycling old jewellery and coins to meet demand.
News18 Business·


