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Union Cabinet approves Rs 6,322 crore PLI scheme for speciality steel

Move likely to attract investment of Rs 40,000 crore, capacity addition of 25 mn tonnes; create over 500,000 jobs

Topics
Union Cabinet | PLI scheme | Steel sector

Ishita Ayan Dutt  |  Kolkata 



Photo: Bloomberg
Photo: Bloomberg

The on Thursday approved Rs 6,322 crore production-linked incentive (PLI) scheme for speciality steel in a move that is expected to attract an additional investment of about Rs 40,000 crore and capacity addition of 25 million tonnes in the segment.

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First Published: Thu, July 22 2021. 21:54 IST

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