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India Extends Customs Duty Exemption for Nuclear Power Imports, Boosts Domestic Rare Earth Capabilities

Economic Times•
India Extends Customs Duty Exemption for Nuclear Power Imports, Boosts Domestic Rare Earth Capabilities
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SynopsisFinance Minister Nirmala Sitharaman announced an extension of basic customs duty exemption for nuclear power project imports until 2035, supporting India's goal of 100 GW atomic energy capacity by 2047. The government also plans to establish Rare Earth Corridors in mineral-rich states to boost domestic capabilities and reduce strategic dependencies.

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Publisher: Economic Times

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India Extends Customs Duty Exemption for Nuclear Power Imports, Boosts Domestic Rare Earth Capabilities | Achira News