Government launches PLI Phase-III for specialty steel sector

Iron and Steel Sector News India

The Government of India has launched the third phase of the Production-Linked Incentive (PLI) scheme for specialty steel to boost domestic production and reduce import reliance. Incentives will begin from FY2026–27, covering 22 sub-categories, including super alloys, CRGO, and coated steels, with rates between 4–15% on incremental sales. The scheme has already attracted Rs. 43,874 crore in investments and created over 30,000 jobs nationwide.

Note: The above-mentioned news was first published by us in our ProjectX India | 15th November 2025 edition.. Do you want to buy this issue or our latest issue? If yes! click here

*Image used in this post if any, is for illustration only

India Projects | Access Iron and Steel Sector News

ProjectX India PDF edition helps you to identify new projects in India. Accelerate your business by getting timely information on upcoming and ongoing projects, contract awards, and tenders. ProjectX India provides you with actionable new project opportunities along with related contacts. The copy is delivered to you through email every fortnight.

Do subscribe and get 24 fortnightly issues in a year.  Click here to know more

Do you want to try out a sample evaluation copy?

Click here to download an evaluation copy that covers new projects from India, ongoing projects from India, contract awards from India, and public procurement opportunities from India.

WhatsApp us at 877 927 9155 for subscriptions or advertising on this website and digital edition.