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01 Nov
11:05

India expects Russian investment under specialty steel PLI-scheme

Government-backed Steel Research & Technology Mission of India (SRTMI) expects Russian steelmakers to invest in India under the production-linked investment (PLI) scheme for specialty steel. It says a few Russian steelmakers are interested in setting up businesses in India. “Our Steel Minister Ram Chandra Prasad Singh recently went to Russia. We are expecting steel producing companies that have technologies like NLMK and Severstal of Russia,” says …
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