August 5, 2015 / 8:10 AM / 5 years ago

India's 2015-16 gold imports seen at 900-1000 tonnes - refiner

A woman is reflected in a mirror as she tries on a necklace at a jewellery showroom on the occasion of Akshaya Tritiya, a major gold buying festival, in Kolkata April 21, 2015. REUTERS/Rupak De Chowdhuri/Files

MUMBAI (Reuters) - India is likely to import between 900 and 1,000 tonnes of gold in financial year 2015-16 that began in April, the head of gold refiner MMTC-PAMP said on Wednesday.

India’s July imports are expected to be between 70-75 tonnes, and its August imports more than 75 tonnes, said Rajesh Khosla, managing director of MMTC-PAMP.

MMTC-PAMP is a joint venture between the Indian government and a Swiss metals refiner.

Reporting by Rajendra Jadhav; Writing by Tommy Wilkes

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