New Delhi, Feb. 7 -- Production Linked Incentive (PLI) Scheme for specialty steel was launched with the objective of attracting investment to boost the production of value-added steel in the country and participating companies committed to an investment of Rs. 27,106 crore out of which Rs.18,848 crore has been achieved till December, 2024, the government informed Parliament on Friday.

Minister of State for Steel and Heavy Industries Bhupathiraju Srinivasa Varma said in a written reply in the Rajya Sabha that steel is deregulated sector and decisions such as investment, production are based on techno-commercial considerations of the industry.

Answering another query, he said that second round of the Production Linked Incentive (PLI) sche...