India leads silver imports in 2025, China in processing: Why securing supply is as important as energy security – GTRI explains

India’s silver imports saw a significant jump in 2025. This surge reflects the metal’s growing importance for industries like electronics and solar power. Supply challenges and global uncertainties are driving this trend. Experts urge India to treat silver as a strategic industrial metal, not just a commodity. Securing future supply is now a key focus for the nation.