India has very large resources of gold, say several geological studies. One estimate (2005 study) puts the country’s primary gold resources at about 491 tonnes. But the country hardly finds a mention in the global list of large miners. It produces just three-four tonnes of gold annually. Sandeep Lakhwara, Managing Director, Deccan Gold Mines, a listed gold exploration and mining company, talks about the issues faced by the industry and the country’s prospective gold reserves.