abhishreshthaa
Abhijeet S
Indian market - Bullion
Market
Largest consumer (Rs. 400 bn) – traditional form of investment
Large stock of unaccounted metal
Skills in hand made jewellery
Potential
Use it as monetary unit to boost rural economy
Effective instrument for investment diversification
Boost jewellery exports
Impediments
Differences in sales tax, octroi & stamp duty among states
Lack of good assaying practices – difficult to liquidate investment
Little avenue to hedge price risk of jewellery exporters
Market
Largest consumer (Rs. 400 bn) – traditional form of investment
Large stock of unaccounted metal
Skills in hand made jewellery
Potential
Use it as monetary unit to boost rural economy
Effective instrument for investment diversification
Boost jewellery exports
Impediments
Differences in sales tax, octroi & stamp duty among states
Lack of good assaying practices – difficult to liquidate investment
Little avenue to hedge price risk of jewellery exporters