PLI scheme for speciality steel: Government receives 75 applications

The government has received around 75 applications from domestic players under the PLI Scheme for speciality steel, according to an official. Applicants include all major steel players like Tata Steel, JSW Steel, JSPL, AMNS India and SAIL, a senior steel ministry official said.

"A significant number of applications have been received. There are around 75 applications," the official said. However, no proposal has been received from any foreign entity, according to the official.

After shortlisting the proposals, the government will come out with a final list which would take around 35-40 days, the official said. The government had set the final deadline on September 15 after several extensions for receiving proposals from manufacturers for benefits under the PLI (Production-Linked Incentive) scheme for speciality steel.