Cabinet approves PLI scheme for specialty steel, to generate 5.25 lakh jobs
The scheme is expected to bring in investment of approximately ₹40,000 cr and capacity addition of 25 MT
I&B Minister Anurag Thakur said ₹39,625 crore investment is expected in specialty steel manufacturing
The Union Cabinet on Thursday approved Production-linked Incentive (PLI) Scheme for Specialty Steel with incentives worth ₹6,322 crore to be provided over five years. The scheme is expected to bring in investment of approximately Ra 40,000 crore and capacity addition of 25 MT.