The IIGC Closes on a Hopeful Note

The second day of the prestigious India International Gold Convention 2014 was action packed. With more number of delegates and participants, the energy was high. The day started early with a scrumptious breakfast, which proved to be a great networking platform. The first panel discussion of the day was regarding overseas partners and their wants from India. S K Jindal of Jindal Group of Industries was the moderator for the discussion of Franco Bosoni of DMCC, Rodrigo Blanco of ProMexico, Luis Cabello of the Peru Embassy and Afshin Nabavi of MKS. The audience enjoyed the international thought exchanges.

Martyn Smith of The Royal Mint held the next presentation which threw light on the ingredients that makes a successful partnership in India. The next event was an open discussion about the representation to the government which was a well-attended affair.

After two more presentations, one of the most important panel discussions took place. It was regarding the monetisation of gold in India and if the scheme will work. Various discussions were made regarding the ways to provide incentives to all the stake holders especially the banks and the general population. The discussion was moderated by Bhargava Vaidya.

After two more presentations, the event came to a close with a gala dinner and a networking party at the glamorous pool deck of the JW Marriott in Pune. Only time will tell if the talks about the gold monetisation scheme will be fruitful.