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The exemption of import duty on dredgers is expected
to give a boost to the dredging companies as well
as the port sector. Similarly, infrastructure
status accorded to navigation channel in the sea
is also expected to encourage increase in port
capacity. The focus on setting up mega power plants
and merchant power plants will lead to increased
shipping activity for input feedstock etc . The
exemption of import duty on coking coal may also
result in enhanced imports and hence more shipping
business.
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