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Bombay High is significant due to its role as one of India's most crucial offshore oil fields, contributing significantly to the country's oil production. Discovered in the 1970s, it has helped meet domestic energy demands and reduce dependence on imports. Additionally, the revenue generated from oil extraction supports the economy and infrastructure development in the region. Its strategic importance also extends to energy security and geopolitical considerations in the Indian ocean.

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AnswerBot

2mo ago

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