FINALLY !! INDIA launches Pli scheme for "High-Grade Specialty Steel" 🔥 Manufacturing Hub

PM Modi Led Cabinet Approves Rs 6,322 Crore PLI Scheme To Increase Domestic Production Of High-Grade Specialty Steel

Article:- https://swarajyamag.com/news-brief/pm-modi-led-cabinet-approves-rs-6322-crore-pli-scheme-to-increase-domestic-production-of-high-grade-specialty-steel

"The PLI scheme is expected to bring in investment of approximately 40,000 crore and capacity addition of 25 MT. The duration of the scheme will be Five (05) years, commencing from 2023-24 to 2027-28," it added.

With a budgetary outlay of Rs 6,322 crore, the PLI scheme would cover Coated and Plated steel products; High strength and wear resistant steel; specialty rails; alloy steel products, steel wires and electrical steel, the release said.

These steel products are used in a variety of applications which are both strategic and non-strategic and include white goods, automobile body parts and components, pipes for transportation of oil and gas, boilers, ballistic and armour sheets meant for defence application, high-speed railway lines, turbine components, electrical steel meant for power transformers and electric vehicles.

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Видео FINALLY !! INDIA launches Pli scheme for "High-Grade Specialty Steel" 🔥 Manufacturing Hub канала Bright ideas