<span style="color: #222222;">Ministry of Steel today signed MoUs with selected companies under the Production-linked Incentive (PLI) scheme for specialty steel in New Delhi.<br />''<br />''Speaking on the occasion, Union Minister Jyotiraditya Scindia said India has become the epicentre of growth for the future of the steel industry. He emphasised that India will play a seminal role in the next two decades in this sector. The Minister termed the day, an important day in the steel industry's history and its future.<br />''<br />''A total of 57 MoUs with 27 companies were signed during the event. Production-Linked Incentive scheme aims to boost domestic manufacturing and cut down import bills by encouraging local companies to set up or expand existing manufacturing units.</span><br />
News On AIR | March 17, 2023 1:46 PM
Ministry of Steel signs MoU with selected companies under PLI scheme