Centre planning phase 2 of specialty steel PLI scheme

A second iteration of the production-linked incentive (PLI) scheme for special steel, which Include steel used in some cars and defense equipment, is planned to be introduced by the government.

The Centre had given the special steel PLI 63,220 million. Under the first round of the scheme, there are 67 proposals from 30 organisations have so far been chosen. By the end of this month, contracts must are rounded up for this one.

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