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VERIFIEDET Markets·positive

Dixon Tech, Syrma SGS, Amber shares surge up to 6%. What does customs duty relief mean?

AI Summary
  • ·Dixon Technologies, Syrma SGS Technologies, and Amber Enterprises shares saw gains of up to 6%.
  • ·The Indian government extended customs duty exemptions on electronics manufacturing machinery and components until 2029.
  • ·This policy change is anticipated to lower import expenses and boost profit margins for manufacturers.
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