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May 16,2023

Coal India will phase out the import of mining equipment worth Rs 4,500 crore.

The government claims that Coal India imports high-capacity equipment such as electric rope shovels, hydraulic shovels, dumpers, crawler dozers, drills, motor graders, front-end loaders wheel dozer, continuous miners equipment, and others worth approximately Rs 3,500 crore and pays Rs 1,000 crore in customs duty, incurring significant costs on buying machinery through importing.

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