Ministry of Steel - Wire & Cable India
December 20, 2024

Wire & Cable India

Tag : Ministry of Steel

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Decarbonisation of Steel: India Comes Up With Investment Plan of INR 23.52 Lakh Crore

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The roadmap prepared by the Ministry of Steel aims to push renewable energy use within the steel sector from current 7.2 percent to 43 percent by 2030. The transition process will cost USD 150 billion, apart from USD 13 billion.  Sep 19, 2024 The Ministry of Steel has come up......
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Indian Steel Industry Witnessing Robust Growth

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Under the PLI scheme, the Government has approved INR 6322 crores to give a new impetus to the steel sector, generating an investment of about INR 30,000 crores, additional capacity creation of about 25 million tonnes of specialty steel in the next 5 years, and double the steel production from......
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Ministry of Steel signs 57 MoUs with 27 Specialty Steel Sector Companies under PLI Scheme

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The Ministry of Steel recently signed 57 MoUs with a total of 27 specialty steel sector companies, under the government’s Production-Linked Incentive scheme. Five-year financial outlay of Rs 6322 crore was approved by the Union Cabinet in July 2021, under the Production-linked incentive (PLI) Scheme for specialty steel, to promote......
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