Gold import bill up 12%, reaches $35 bn in 2015

With 105 tonnes of estimated imports in December, total gross import in 2015 crossed 900 tonnes which was 25 per cent more than 2014.

In 2015, just over 700 tonnes gold was net import as rest was duty-free imports for re-export after value addition.

Gold import bill up 12%, reaches $35 bn in 2015