PLI push: Govt launches third round for speciality steel, eyes Rs 44,000 crore fresh investment for boosting production
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India has launched the third phase of its Production Linked Incentive (PLI) scheme for speciality steel, aiming to boost domestic production and reduce import dependence in high-value segments. The 'PLI 1.2' initiative seeks to attract new investments and expand capacity for advanced steel products crucial for defence, aerospace, and infrastructure. What's Your Reaction?
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