Why the bullion industry needs a national skilling framework for artisans, traders and investment professionals

Mon Aug 11 2025

India, historically known as Sone Ki Chidiya (the Golden Bird), continues to have a deep cultural and economic connection with gold. The bullion and jewellery sector remains one of the economy’s strongest pillars, contributing ~7.5 per cent to GDP and supporting over 5 million livelihoods (Ministry of Commerce & Industry; IBEF).

As the nation enters a demographic sweet spot—65 per cent of its population under 35—it has a rare chance to reimagine the bullion sector. A dedicated National Skilling Framework is no longer optional; it is essential to unlock economic potential, create quality jobs and position India as a global leader in value-added gold and jewellery services.

Countries like Switzerland, China and Turkey have transformed their bullion and jewellery sectors through targeted skilling, innovation and regulation.

Source: https://www.thehindubusinessline.com