2024 Union Budget reaction by Vaishali Banerjee

Jul 23, 2024

iuyhy 1Vaishali Banerjee, MD, India at Platinum Guild International

“We welcome and thank the Government for their decision to lower the custom duty on platinum to 6.4%.

This will enable and encourage the platinum jewellery industry to develop and grow in both the domestic and export markets by significantly enhancing platinum’s accessibility and appeal.

We anticipate that this reduction will catalyse the already growing demand, increase platinum jewellery footprint, generate employment and support a sustainable future growth.”

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