India restricts silver bar imports, mandating govt authorisation after duty hike

New import restrictions on silver bars, layered atop a steep duty hike, will tighten bullion supply chains and pressure silver-heavy jewellery retailers including Tanishq, Kalyan, and Malabar. Sourcing costs and inventory planning face near-term disruption ahead of festive demand.

India restricts silver bar imports, mandating government authorisation days after a steep duty hike, squeezing jewellery retailers ahead of festive demand.

BL · Consumer & Economy · 5/16/2026, 4:03:08 PM · Ask about this →

Government of India + Kalyan Jewellers + Malabar Gold + Tanishq + Titan +