The Power of Gold: The Indian Economy, Trade and Finance – Sundaravalli Narayanaswami

Description

The Indian gold market is a multifaceted and dynamic sector, intricately linked to the nation’s culture, economy and demographics. Structural transformations, including escalating GDP, an expanding middle-class and a youthful, economically engaged populace propel the growing demand for gold. Innovations such as digital gold and the growth of organized retail are transforming consumer behaviour, while regulatory enhancements are tackling issues in refining, recycling and trading activities. Nonetheless, challenges such as smuggling, infrastructural deficiencies and fragmented industry dynamics continue to infest the industry, as the stakes are quite high.

Gold has seen a massive resurgence not only in India but around the world. This book covers the most essential facets of the Indian gold industry. Through targeted reforms and improved market structures,
India has the potential to harmonize its ancient veneration for gold with contemporary socio-economic ambitions.