Government to launch another PLI scheme for speciality steel: Steel Secretary

The government is planning another round of the PLI scheme for speciality steel after the first round did not meet expectations, says Steel Secretary Sandeep Poundrik. Speaking at the CII Steel Summit 2024, he noted that only Rs 2,600 crore out of the Rs 6,400 crore allocated was utilized. Speciality steel is crucial for sectors like defence and automobile.
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