TNPSC Thervupettagam

New PLI Scheme for the Steel Sector

January 11 , 2025 8 days 112 0
  • 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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