While this is a big news as India's is far behind in terms of gold production and natural gold reserves, It’s a shift that could directly impact the jewelry business, pricing, and future opportunities in the industry.

What’s Happening at Jonnagiri?

• Location: Kurnool, Andhra Pradesh

• Project: Jonnagiri Gold Mine (private sector-led)

• Initial Output: ~600 kg of gold per year

• Future Target: Scale up to ~1 tonne annually

This marks the beginning of India producing gold at a meaningful scale domestically — something the industry has been waiting for decades.

The Big Shift in Numbers

What This Means Going Forward

If Jonnagiri succeeds, it could open doors for more private gold mining projects across India, transforming how the country sources its most loved metal.

India has always been a gold-consuming nation.
With Jonnagiri, it’s taking its first real step towards becoming a gold-producing powerhouse.

And when supply changes, the entire jewelry business evolves.