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PHDCCI seeks zero import duty, PLI scheme to boost gold ore concentrate industry
The Statesman Delhi
|December 04, 2025
The PHD Chamber of Commerce and Industry (PHDCCI) on Wednesday recommended a zero import duty on gold ore concentrate (HSN 26169010) and the introduction of a Production-Linked Incentive (PLI) scheme to boost the domestic gold processing sector.
PHDCCI has also proposed a PLI scheme linked to the amount of gold refined, which it believes will incentivise capacity expansion, technology upgrades, and long-term investment in the sector.
India's gold industry continues to be the second-largest globally in terms of consumption and is largely met by imports.
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