Archive · 18 Dec 2025

India Invites Bids for 30-Tonne Gold Import Quota

India Invites Bids for 30-Tonne Gold Import Quota

The Indian government has asked companies to apply for a chance to import 30 tonnes of gold.

This is part of a special agreement between India and the United Arab Emirates (UAE).

The agreement allows certain amounts of gold to be imported with lower taxes.

The government will decide who gets to import the gold based on a competition.

This is the first time they are doing this for the year 2025-26.

They will announce when the next competition will be after this one is finished.

Sources