Specialty Steel News - Latest Updates & Headlines
PLI scheme for specialty steel gets investment commitments worth Rs 17,000 crore
New Delhi, March 25: The production-linked incentive (PLI) scheme 1.1 for specialty steel has witnessed investment commitments worth Rs 17,000 crore in the second round, according to the government.
Rs 25,200 crore investment committed by 35 firms in 2nd round of PLI scheme for steel: Centre
New Delhi, March 23: Around 35 companies have shown interest in the second round of the PLI scheme for specialty steel, with commitment of Rs 25,200 crore investment, according to the Ministry of Commerce and Industry.
PLI scheme for speciality steel expected to attract Rs 27,106 crore investment
New Delhi, March 18: The Centre's Production Linked Incentive (PLI) Scheme to promote the manufacturing of speciality steel is anticipated to attract an additional investment of Rs 27,106 crore with downstream capacity creation of around 25 million tonnes, the Parliament was informed on Tuesday.
Specialty steel companies committed investment worth Rs 27,106 crore under PLI
New Delhi, February 8: Specialty steel companies have committed to an investment worth Rs 27,106 crore so far, and of which Rs 18,848 crore has been achieved till December, 2024, MoS Steel Bhupathiraju Srinivasa Varma informed Rajya Sabha in a written reply.
Companies have committed investment of Rs 27,106 crore under PLI scheme for specialty steel, says Union Minister
New Delhi, February 7: Production Linked Incentive (PLI) Scheme for specialty steel was launched with the objective of attracting investment to boost the production of value-added steel in the country and participating companies committed to an investment of Rs. 27,106 crore out of which Rs.18,848 crore has been achieved till December, 2024, the government informed Parliament on Friday.
MoS for Steel and Heavy Industries highlights benefits under second round of PLI scheme
New Delhi, February 7: Minister of State for Steel and Heavy Industries, Bhupathiraju Srinivasa Varma informed the Rajya Sabha on Friday that multiple steps have been taken to ensure wider participation in the second round of Production Linked Incentive (PLI) scheme for specialty steel.
Rs 27,106 crore investment lined up under PLI scheme for specialty steel
New Delhi, Feb 7: The Production-Linked Investment (PLI) scheme for high-value specialty steel has succeeded in attracting commitments for investments by various companies to the tune of Rs. 27,106 crore, out of which Rs.18,848 crore has been achieved till December 2024, Minister of State for Steel Bhupathiraju Srinivasa Varma informed Parliament on Friday.