India restricts precious metal jewellery imports till April 30, 2026: Report

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According to the GJEPC half-yearly report for FY26, India imported $ 1,134 million worth of finished jewellery—including gold, silver, platinum and other categories—during April–September 2025, compared with $1,536 million in the same period of FY25.

By Anshul   November 17, 2025, 11:59:55 AM IST (Published)

The government has restricted the import of precious metal jewellery until April 30, 2026, Bloomberg reported.

According to the GJEPC half-yearly report for FY26, India imported $ 1,134 million worth of finished jewellery—including gold, silver, platinum and other categories—during April–September 2025, compared with $1,536 million in the same period of FY25.

This reflects a 26.16% decline year-on-year


Total gross imports, including raw materials and finished goods, stood at $10,590 million in first half of FY26, up 6.74% from $ 9,921.02 million in first half of FY25.

Within raw materials, gold bar imports rose sharply—up 87.76% year-on-year to $ 2,492.53 million—while silver bar imports more than doubled to $ 83.66 million. Imports of finished gold jewellery declined 51.60% to $ 358.31 million, and finished silver jewellery imports increased to $ 85.66 million in first half of FY26

The import restrictions will remain in effect until the end of April 2026.

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