India, Feb. 9 -- The Government of India has issued a release:
The Government of India launched Production Linked Incentive (PLI) Scheme 1.2 for Specialty Steel, marking a significant milestone in the country's efforts to strengthen high-value manufacturing and reduce import dependence in critical steel grades. The launch, held at Vigyan Bhawan in New Delhi, also witnessed the signing of Memoranda of Understanding (MoUs) with participating industry players, reflecting robust industry confidence in India's long-term growth prospects.
Addressing the gathering after the MoU signing ceremony, Union Minister for Steel and Heavy Industries H. D. Kumaraswamy underscored that PLI 1.2 is a decisive step towards building a resilient and globally co...