Tag: downstream steel manufacturing India

India: PLI 1.2 gathers pace with INR 11,887 crore specialty steel investment push

Feb 11, 2026

—

by

Manya Dewangan

in Stainless Steel

85 projects under third round of PLI for specialty steel Stainless steel majors align expansion with policy incentives India’s Ministry of Steel has signed 85 MoUs with 55 companies under the Production-Linked Incentive (PLI) Scheme 1.2 for specialty steel, marking a fresh investment commitment of INR 11,887 crore. The third round of the scheme aims…