India could soon take a significant step towards greater transparency in the silver trade, as the Bureau of Indian Standards (BIS) advances preparations for the introduction of mandatory silver hallmarking.
Before implementing any nationwide requirement, BIS is assessing whether the existing hallmarking ecosystem has the capacity to support a smooth transition. The exercise includes evaluating testing infrastructure, certification processes and the industry's overall readiness to comply with stricter quality assurance measures.
Although silver hallmarking has been available on a voluntary basis for years, traceability within the category has strengthened considerably following the introduction of Hallmark Unique Identification (HUID) numbers for hallmarked silver products. The move has enabled improved tracking and authentication across the supply chain.
Unlike gold, the silver segment spans a broad range of categories, including jewellery, decorative objects, gifting items and religious artefacts, making implementation more complex and requiring a carefully planned approach.
BIS has indicated that any mandatory framework is likely to be introduced in phases, allowing stakeholders sufficient time to adapt. The standards body is prioritising the establishment of robust systems and operational readiness before expanding compliance requirements across the country.
To support the sector, BIS currently recognises approximately 230 Assaying and Hallmarking Centres (AHCs) equipped to test and certify silver products, forming the foundation for a future mandatory hallmarking regime.
