New Delhi, March 13 -- The government has received 73 project applications under the second round of the Production Linked Incentive (PLI) scheme for specialty steel, according to Sandeep Poundrik, Secretary in the Union Steel Ministry.

This announcement was made on Wednesday during the 'Catalysing R&D in Indian Steel Sector' event held in the national capital.

The PLI schemes were introduced as part of the government's strategic efforts to boost domestic production of specialty steel, aiming to make India self-reliant in high-grade steel manufacturing.

Poundrik emphasised that these applications would contribute significantly to the nation's steel production capacity, adding approximately 16.5 million tonnes of specialty steel capacit...