India Restricts Silver Jewellery Imports Till March 2026

The Government of India on Wednesday imposed import restrictions on unstudded silver jewellery—previously allowed freely—until March 31, 2026, according to local media reports.

The Directorate General of Foreign Trade (DGFT) issued a notification stating that the move aims to curb the misuse of free trade agreements (FTAs) and address large-scale imports of silver disguised as finished jewellery.

The action follows observations by the Commerce Ministry of a tenfold increase in silver jewellery imports from Thailand.

Volumes surged from 4 metric tonnes to 40 metric tonnes in recent months, with Thailand's share of these imports rising from 78% to 98%.

Goods falling under the restricted category will now require a government-issued licence for import.