Page 10 - Bullion World Issue 4 August 2021

Bullion World | Issue 04 | August 2021

Success story of

MMTC-PAMP on

completing One

Million Hallmarking

within a time span

of four working

months

What prompted MMTC-
PAMP to enter the business

of hallmarking? how many
hallmarking centres do
you have now? and where?
what is the differentiator?
Government of India announced the
phased implementation of mandatory
hallmarking of gold jewellery with effect
from 16th Jun 2021 and this has started
a new era in the field of hallmarking.

India is the biggest consumer of gold
and consumes around 800 tons per
year. However, the level of hallmarked
jewellery is very low in the country.
At present, only 30% of Indian gold
jewellery is hallmarked. One of the
reasons responsible for low level of
hallmarked jewellery is non-availability
Mr Ankur Goyal of sufficient assaying and hallmarking
President (Works) MMTC-PAMP centres (A&HC).

Being a leader in precious metal field,
MMTC-PAMP thought for this scarcity
of the Quality centres in hallmarking
area and decided to serve country by
setting up state-of-the-art centre which
follows the BIS standard and delivers
only Quality!

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