10th International
Gold Summit

22 September, 2017 , Shangri-Las Eros Hotel, New Delhi

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Chief Guest: Shri Suresh Prabhu, Hon’ble Union Minister of Commerce & Industry, Govt. of India
 
Gold is an integral part of Indian society and a foundation of wealth and savings in India. India accounts for nearly one-third of the total world demand for Gold. The Gems and Jewellery sector plays a significant role in the Indian economy, contributing around 6-7 per cent of the country’s GDP. Based on its potential for growth and value addition, the Government of India has declared the Gems and Jewellery sector as a focus area for export promotion. India is deemed to be the hub of the global jewellery market because of its low costs and availability of high-skilled labour. The jewellery market in India is expected to grow at a Compound Annual Growth Rate (CAGR) of 15.95 per cent over the period 2014-2019. Gold demand in India increased by 15 per cent during the first quarter of 2017 to 123.5 tonne, signaling a return of optimism in the industry, according to World Gold Council (WGC).  
 
At more than 24,000 tonnes, Indian households hold the largest stock of gold in the world. The country currently has one of the highest saving rates in the world, estimated at around 30% of total income, of which 10% already invested in gold. The Government recognizes that development of gold industry is an essential in upgrading India’s financial industry, therefore The Govt. of India has launched the Gold Monetisation Scheme and Sovereign Gold Bond Scheme & implemented hallmarking scheme to protect the consumer in purchasing gold jewellery of requisite purity, develop export competitiveness and make India a leading market for gold jewellery in the world. India can be “A Global Player in Gold Market”. However, for India to become a world trading superpower there is a need for greater involvement of trade and industry with the Government. The summit assumes greater significance in view of government’s vigorous policy effort to turn “Make in India” into a reality.
 
Therefore, in order to discuss these aspects further with the objective of spreading better understanding of the Gold Industry as an appropriate investment avenue for wealth creation and also to address major policy issues of Gold industry, ASSOCHAM is organizing 10th International Gold Summit at 9:30 a.m. on September 22, 2017 at Shangri-La's Eros Hotel in New Delhi. We have invited Shri Suresh Prabhu, Hon’ble Union Minister of Commerce & Industry, Govt. of India and important government functionaries from concerned departments to address the participants. There will be a large participation by the stakeholders including the Government, Reserve Bank of India, National and International Bullion Banks, Bullion Associations, Commodity Exchanges, Security Agencies and Investors to name a few. Apart from information sharing, the event would also provide an excellent platform for business-to-business matchmaking.
 
In view of the importance of the subject, we would request you to kindly Participate in this important Summit and also nominate your colleagues to attend the same. We would also request your organization to be the PARTNER / SPONSOR for the Summit as per details enclosed for your kind reference. We hope and trust that our request will merit your kind consideration.
 
Looking forward to hearing from you and with kind regards,

Registration Fees: 

  • Delegate Fee: Rs. 3,000/- per delegate (including GST)