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India's 1st big private gold mine since independence has a treasure hidden in it

Updated on May 30, 2026 05:54 pm IST

India consumes hundreds of tonnes of gold every year. In fact, gold is one of the country's largest import categories after crude oil. But here's the paradox: India produces almost none of its own gold. That may be about to change. In this episode of The Brief, Nisheeth Upadhyay, HT Digital Editor & COO, dives deep into the Jonnagiri Gold Project in Andhra Pradesh, a mine being described as India's first large-scale private gold mining venture since Independence. Can this project become India's first real "KGF moment" in decades?

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