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The Economic Times

Opinion / The Economic Times

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

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.

17 Jun 2026 11:49 pm