Indian Government announced that the last date for receipt of applications under the Production Linked Incentive Scheme for Specialty Steel through the online application window has been extended up to 15 September 2022, for the fifth time. 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 announced that the last date for receipt of applications under the Production Linked Incentive Scheme for Specialty Steel through the online application window has been extended up to 15 September 2022, for the fifth time. 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