World Gold Council (WGC) has partnered with Indian Institute of Management, Ahmedabad (IIMA) to launch a Gold Policy Centre aimed at conducting research on all aspects of the Indian gold industry.

Located within the IIM-A campus, the Centre will start its operations next month and will run independently. The Gold Policy Centre has been set up with a financial grant from the WGC.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

The Policy Centre aims to develop insights into how the significant stocks of gold that India owns can be used to advance growth, employment, social inclusion and the economic wealth of the nation.

It will also perform research that has a practical application and that the industry and all stakeholders can use, resulting in the development of an effective gold ecosystem in the country.

Ashish Nanda, director of IIMA, said: "The Gold Centre will provide innovative solutions and insights for the gold industry through cutting-edge research. The research is intended to study the growth and development of the gold industry in India and globally."

Somasundaram PR, managing director, India, World Gold Council, said:"It is estimated that India holds around 22,000 tonnes of gold valued at over a trillion US dollars. To develop gold’s potential, we need to understand gold’s role in the Indian economy, through high quality data, insights and research."

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

"This will be a world class centre of excellence, conducting cutting edge applied research on the Indian gold industry, providing analytics, data and pragmatic recommendations that can be used by all stakeholders. Our joint vision is that the Centre will be the foremost provider of insights into the way in which gold contributes to our economy and our society," he added.