Page 14 - Bullion World Volume 4 Issue 9 September 2024

Bullion World | Volume 4 | Issue 9 | September 2024

IGC 2024: Roundtable discussion:

India Gold Market - What Next?

Mr Vipin Raina, President Marketing, MMTC PAMP India Pvt Ltd,
Mr Shivanshu Mehta, VP - Bullion, MCX, Mr Surendra Mehta, National Secretary, IBJA,
Prof. Dr Sundaravalli Narayanaswami, Chairperson India Gold Policy Centre, IIMA
Mr Vikas Nagpal, ICICI Bank, Mr Raman Walia, Executive Director & Head of Commodities Sales - APAC,
JP Morgan Chase Bank N.A., Mr Mahendran K, Country Head-Precious Metals, Karur Vysya Bank Limited,
Mr Harish Pawani, Director, Peekay Intermark Ltd, Mr Mohammad Ayyob, General Manager, Sam Precious
Metals, Mr Chirag Thakkar, Director, Amrapali Industries, Mr Asher O, MD-India Operations, Malabar Group

The roundtable discussion titled "India's Gold Market - What Next?" provided a platform for industry
experts to offer insights into the current status and future outlook of the Indian gold market. This report
highlights the key points presented by the speakers and includes the questions addressed during the
discussion.

Introduction by Mr Mahendran
Mr Mahendran began the discussion by emphasizing India’s role as one of
the world's largest consumers of gold and outlined the challenges facing the
industry, including the substantial reserves of gold held in Indian households.
He set the stage for the conversation by stressing the importance of adopting
a forward-looking perspective and invited the speakers to delve into the
event's theme.

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