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South Bend steel company invests in rebranded cold mill division – Inside INdiana Business

South Bend steel company invests in rebranded cold mill division – Inside INdiana Business
insideindianabusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insideindianabusiness.com Daily Mail and Mail on Sunday newspapers.

Can India emerge as an alternate supply chain to global industries?

Can India emerge as an alternate supply chain to global industries?

Govt says Rs 12,900 cr invested under PLI scheme for specialty steel

About Rs 12,900 crore has already been invested in the domestic steel sector under the PLI scheme for specialty steel, an official statement said on Wednesday. In March 2023, 57 memorandum of understandings (MoUs) were signed for generating an investment of about Rs 29,500 crore in the sector by FY28.

Response To Media Report On Slow Progress Of Investments In Production Linked Incentive Scheme For Specialty Steel In India -

Under the Production Linked Incentive (PLI) Scheme for Specialty Steel, 57 MoUs have been executed for generating an investment of ₹29,500 crores, additional capacity of 25 MT for producing specialty steel grades and an additional employment to about 17,000 people by FY 2027-28. It may be mentioned that the PLI scheme, a vital initiative in India's industrial…

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