MARKET STRUCTURE · INDIA

Govt imposes import curbs on certain platinum jewellery

Economic Times 17 Nov 2025 · 10:00 PM
Change
The Indian government has restricted imports of certain platinum jewellery until April 2026. This follows similar curbs on silver jewellery imports.
Govt imposes import curbs on certain platinum jewellery
Why it matters
The Indian government has announced new import restrictions on certain types of platinum jewellery, which will be in effect until April 30, 2026. This decision is part of a broader strategy to regulate imports, following similar measures taken in September for silver jewellery. The restrictions require importers to secure a license from the Directorate General of Foreign Trade (DGFT) to import these platinum items. The move is aimed at curbing the import of unstudded jewellery, particularly from Thailand, which is part of the ASEAN free trade agreement. The DGFT's notification indicates a shift in the import policy for platinum jewellery from Free to Restricted status, reflecting the government's ongoing efforts to manage trade balances and protect domestic markets.
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