The Indian steel industry stands at a critical inflection point. Global trade volatility, shifting supply chains, and geopolitical tensions will continue to test the resilience of domestic producers
The third round (PLI 1.2) aims to attract new investments in emerging and advanced steel products, such as super alloys, CRGO, stainless steel long and flat products, titanium alloys, and coated steels
The scheme is boosting local production and competitiveness in the specialty steel sector but requires additional support to ensure its success The government’s Production Linked Incentive (PLI) scheme for specialty steel has