A second iteration of the production-linked
incentive (PLI) scheme for specialty steel, which will encompass steel used in
some autos and defence equipment, is scheduled to be introduced by the
government.
The
Center had given the specialty steel PLI 63,220 million. Under the first round
of the scheme, 67 proposals from 30 organisations have so far been chosen. By
the end of this month, contracts should be finalised for these.