India’s Steel Ministry had announced on 12 December that 67 applications from 30 companies have been selected under Production Linked Incentive Scheme for Specialty Steel. India’s 5 leading integrated steelmaker have got clearance for 27 product categories with Tata Steel leading at 9, JSW Steel & Jindal Odisha at 6, AMNS India at 4 and SAIL at 2 -------------Tata Steel - 9Auto Gr Steel AHSS (CRCA)CRNOTin Mill ProductsCoated/Plated Products of Metallic/Non-Metallic AlloysAl-Zn Coated (Galvalume)Alloy Steel: Bearing SteelAutomotive Powertrain SteelTyre Bead WireTyre Cord (Brass Coated) ------------JSW Steel - 6HR Coil, Sheets & Plates API Gr 52<=x<=70High Tensile Sheets, Coil, Plates, YS>=450CRGOCRNOTin Mill ProductsColour Coated -----------------Jindal Odisha - 6HR Coil, Sheets & Plates API Gr 52<=x<=70High Tensile Sheets, Coil, Plates, YS>=450Auto Gr Steel AHSS (CRCA)Tin Mill ProductsCoated/Plated Products of Metallic/Non-Metallic AlloysGalvanneal/GL-Auto-Gr --------------AMNS India - 4HR Coil, Sheets & Plates API Gr 52<=x<=70High Tensile Sheets, Coil, Plates, YS>=450Coated/Plated Products of Metallic/Non-Metallic AlloysGalvanneal/GL-Auto-Gr -----SAIL - 2Asymmetric RailsHead Hardened Rails Production Linked Incentive Scheme for Specialty Steel was approved by Union Cabinet in July 2021, with a five-year financial outlay of INR 6322 Crore to promote the manufacturing of 'Specialty Steel' within the country by attracting capital investment, generate employment and promote technology up-gradation in the steel sector. The application window for participation in the PLI scheme was closed on 15 September. A total of 79 applications were received from 35 small and large steel-making companies, committing to investment of INR 46,000 Crore and downstream capacity addition of 28 million tonne over by 2030.
India’s Steel Ministry had announced on 12 December that 67 applications from 30 companies have been selected under Production Linked Incentive Scheme for Specialty Steel. India’s 5 leading integrated steelmaker have got clearance for 27 product categories with Tata Steel leading at 9, JSW Steel & Jindal Odisha at 6, AMNS India at 4 and SAIL at 2 -------------Tata Steel - 9Auto Gr Steel AHSS (CRCA)CRNOTin Mill ProductsCoated/Plated Products of Metallic/Non-Metallic AlloysAl-Zn Coated (Galvalume)Alloy Steel: Bearing SteelAutomotive Powertrain SteelTyre Bead WireTyre Cord (Brass Coated) ------------JSW Steel - 6HR Coil, Sheets & Plates API Gr 52<=x<=70High Tensile Sheets, Coil, Plates, YS>=450CRGOCRNOTin Mill ProductsColour Coated -----------------Jindal Odisha - 6HR Coil, Sheets & Plates API Gr 52<=x<=70High Tensile Sheets, Coil, Plates, YS>=450Auto Gr Steel AHSS (CRCA)Tin Mill ProductsCoated/Plated Products of Metallic/Non-Metallic AlloysGalvanneal/GL-Auto-Gr --------------AMNS India - 4HR Coil, Sheets & Plates API Gr 52<=x<=70High Tensile Sheets, Coil, Plates, YS>=450Coated/Plated Products of Metallic/Non-Metallic AlloysGalvanneal/GL-Auto-Gr -----SAIL - 2Asymmetric RailsHead Hardened Rails Production Linked Incentive Scheme for Specialty Steel was approved by Union Cabinet in July 2021, with a five-year financial outlay of INR 6322 Crore to promote the manufacturing of 'Specialty Steel' within the country by attracting capital investment, generate employment and promote technology up-gradation in the steel sector. The application window for participation in the PLI scheme was closed on 15 September. A total of 79 applications were received from 35 small and large steel-making companies, committing to investment of INR 46,000 Crore and downstream capacity addition of 28 million tonne over by 2030.
