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New PLI Scheme for the Steel Sector
January 11 , 2025
7 hrs 0 min
21
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- The union government launched a new round of steel production-linked incentive (PLI) scheme, with a total outlay of Rs 4,400 crore.
- This initiative aims to attract more steel companies and investments, particularly in the specialised steel production.
- The first PLI scheme for the steel industry is with a larger outlay of ₹6,322 crore.
- It attracted investments worth ₹18,300 crore against a committed investment of ₹27,106 crore.
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