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17 Mar
12:33

India plans phase 2 of production-linked incentive scheme

The Indian steel ministry is planning to introduce phase two of the production-linked incentive scheme for speciality steel production, Kallanish notes. "Today is an important day in the history and future of the steel industry," Indian steel minister Jyotiraditya Scindia said during the signing of a memorandum of understanding between the ministry and steelmakers on Friday. "PLI 1.0 is not a full stop; it is the beginning of the journey. Our minist…
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