Indian Government has extended for the fourth time the deadline to submit applications under the Production-Lined Incentive Scheme for Specialty Steel till 31 July 2022 and accordingly the application window will be kept open up to 31 July 2022. Initially, 29 March was the last date for manufacturers to apply for the benefits under the PLI scheme for specialty steel. It was later extended till 30 April, to 31 May & 30 June 2022.Union Cabinet chaired by Prime Minister Mr Narendra Modi had approved INR 6,322-crore PLI scheme to boost the production of specialty steel in India in July 2021. The move is expected to attract an additional investment of about INR 40,000 crore and generate 5.25 lakh job opportunities. The scheme shall be applicable forCoated & Plated Steel ProductsHigh Strength & Wear resistant SteelSpecialty RailsAlloy Steel Products & Steel WiresElectrical Steel
Indian Government has extended for the fourth time the deadline to submit applications under the Production-Lined Incentive Scheme for Specialty Steel till 31 July 2022 and accordingly the application window will be kept open up to 31 July 2022. Initially, 29 March was the last date for manufacturers to apply for the benefits under the PLI scheme for specialty steel. It was later extended till 30 April, to 31 May & 30 June 2022.Union Cabinet chaired by Prime Minister Mr Narendra Modi had approved INR 6,322-crore PLI scheme to boost the production of specialty steel in India in July 2021. The move is expected to attract an additional investment of about INR 40,000 crore and generate 5.25 lakh job opportunities. The scheme shall be applicable forCoated & Plated Steel ProductsHigh Strength & Wear resistant SteelSpecialty RailsAlloy Steel Products & Steel WiresElectrical Steel
