January 7, 2025 1:49 PM
Govt. launches PLI scheme 1.1 for specialty steel
Union Minister of Steel and Heavy Industries, H. D. Kumaraswamy, launched the second round of the Production Linked Incentive (PLI) scheme for specialty steel, termed PLI Scheme 1.1, on Monday in the presence of senior ministry officials and industry leaders at Vigyan Bhawan. The new scheme aims to boost domestic production and reduce dependence on imports. Addressing the gathering, Kumaraswamy stated that PLI Scheme 1.1 covers five product categories, similar to the original scheme, and has b...