Inbound Shipment
Govt restricts import of platinum alloys, except those with 99% purity
This story was originally published at 20:47 IST on 5 March 2025
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NEW DELHI – The government has restricted the import of all platinum alloys, except those with a purity of 99%, the Directorate General of Foreign Trade said in a notification on Wednesday. Importers would now have to get authorisation from the DGFT for the inbound shipment of restricted platinum alloys.
India imported platinum alloys worth $2.09 billion during Apr-Nov, as per latest data available with the commerce ministry. India imports platinum alloys mainly from the United Arab Emirates. End
US$1 = INR 86.96
Reported by Krity Ambey
Edited by Ashish Shirke
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