Top five steel companies among others selected for PLI scheme
According to an official document, Tata Steel has applied to manufacture seven types of speciality steel products, while JSW Steel has applied for six. Jindal Steel Odisha, a subsidiary of Jindal Steel and Power Limited, received the most entries to manufacture eight different types of speciality steel products.
ArcelorMittal Nippon Steel (AMNS) India submitted four entries, while the state-owned Steel Authority of India (SAIL) submitted the fewest, with only two speciality steel applications. Tata Steel, JSW Steel, JSPL, AMNS India, and SAIL, along with Rashtriya Ispat Nigam (RINL), account for roughly 60 per cent of total steel production in India.
Also read:
Chenab Valley Power announces global tender for Kwar HEP's E&M work
Demand for electricity across India could rise 7% in FY23