BusinessMoneycontrol
Wigs, Davidoff coffee and a 6-8% pay day: Inside India's gold smuggling boom

in5points
Higher import duties have made gold smuggling highly profitable.
Smugglers use items like wigs and Davidoff coffee to conceal gold.
Smugglers earn a commission of 6-8% per delivery.
Gold is smuggled from Dubai's Gold Souk to India's bullion market.
The trade is described as a thriving underground economy.