Production Linked Incentive (PLI) Scheme for Specialty Steel
A central government initiative to boost domestic manufacturing of specialty steel, attract significant investments, and promote technology adoption. It offers incremental sales-based incentives ranging from 3% to 15% across three slabs (PLI-A, PLI-B, PLI-C) for a tenure of 5 years. The annual incentive is capped at ₹20,000 Lakhs (₹200 Crore) per company, with minimum investment thresholds starting at ₹5,000 Lakhs (₹50 Crore).
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