SAIL Signs MOU Under PLI 1.2 Scheme for Specialty Steel
At Vigyan Bhawan, New Delhi, the Ministry of Steel and Salem Steel Plant of SAIL have formalised an important partnership under the PLI 1.2 Scheme. Feb 09, 2026 The Ministry of Steel and Salem Steel Plant of SAIL have formalized an important partnership under the PLI 1.2 Scheme. Through this MOU, Salem Steel Plant will […]
Lalbaba Engineering Limited Signs MoU under Government’s PLI 1.2 Scheme for Specialty Steel
Lalbaba Engineering Limited has signed a Memorandum of Understanding under the Government of India’s Production Linked Incentive Scheme 1.2 for specialty steel. The company proposed that a cold finished seamless tube expansion project at Haldia, West Bengal, will be eligible for incentives under the scheme. Feb 10, 2026 Lalbaba Engineering Limited has signed a Memorandum […]
Jayaswal Neco Industries Signs MoU with Ministry of Steel Under PLI Scheme for Specialty Steel Expansion
Jayaswal Neco Industries Limited has signed a Memorandum of Understanding (MoU) with the Ministry of Steel, Government of India, to participate in the Production Linked Incentive (PLI) Scheme 1.2 for Specialty Steel, reinforcing its commitment to capacity augmentation and domestic specialty steel manufacturing. Feb 10, 2026 Jayaswal Neco Industries Limited entered into an MoU with […]
Ministry of Steel Signs MoUs for 85 Specialty Steel Projects Under PLI 1.2, Attracting INR 11,887 Crore Investment
The Ministry of Steel has signed Memoranda of Understanding (MoUs) with 55 companies for 85 specialty steel projects under the third round of the Production-Linked Incentive (PLI) Scheme 1.2, marking a major step towards strengthening India’s domestic specialty steel ecosystem. Feb 10, 2026 The Ministry of Steel signed Memorandum of Understanding (MoUs) for 85 projects […]
Avtar Steel Receives MoU Under PLI Scheme 1.2 for Specialty Steel
Avtar Steel Ltd. has marked a significant milestone by receiving a Memorandum of Understanding (MoU) under the Government of India’s Production Linked Incentive (PLI) Scheme 1.2 for Specialty Steel, reaffirming its commitment to strengthening domestic steel manufacturing. Feb 10, 2026 Avtar Steel Ltd. formally received the MoU under the PLI Scheme 1.2 from Shri H. […]
Sambhv Steel Tubes, Subsidiary Sign MoUs with Ministry of Steel Under PLI 1.2 Scheme
Under India’s PLI Scheme 1.2 for specialty steel, Sambhv Steel Tubes and its subsidiary have committed about INR 362 crore to expand stainless and alloy steel production capacity. Feb 09, 2026 Sambhv Steel Tubes Limited and its wholly owned unit Sambhv Tubes Private Limited have signed separate Memoranda of Understanding (MoUs) with the Ministry of […]
Viraj Profiles Signs MoU with Ministry of Steel Under PLI Scheme, Commits INR 280 Crore Investment
Viraj Profiles has signed an MoU under the PLI scheme, committing INR 280 crore to boost value-added steel manufacturing capabilities. Feb 10, 2026 Viraj Profiles Pvt. Ltd. has signed a Memorandum of Understanding (MoU) with the Ministry of Steel under the Government of India’s Production Linked Incentive (PLI) scheme, with a planned investment of INR […]
Jayaswal Neco Industries To Establish 2 Million TPA Integrated Steel Plant in Maharashtra
Jayaswal Neco Industries Limited has signed a Memorandum of Understanding (MoU) with the Government of Maharashtra for the project, which entails an investment of INR 12,262 crore. Jan 23, 2026 Jayaswal Neco Industries Limited has signed a Memorandum of Understanding (MOU) with the Government of Maharashtra for setting up a 2 million TPA integrated steel […]
Rashmi Group to Establish INR 12,500-Cr Steel Plant in Telangana
Industrial conglomerate Rashmi Group has announced plans to set up a steel production unit in Telangana with an INR 12,500-crore investment, expected to generate up to 12,000 direct and indirect jobs. Jan 23, 2026 Rashmi Group, known for manufacturing ductile iron pipes, signed a memorandum of understanding (MoU) to invest approximately INR 12,500 crore in […]
Lloyds Metals, Tata Steel Sign MoU to Explore Mining and Low-Carbon Steel Opportunities
Lloyds Metals and Tata Steel sign MoU to jointly explore mining, logistics, and sustainable steel projects in Maharashtra’s Gadchiroli district. Dec 16, 2025 Lloyds Metals & Energy Ltd has signed a non-binding memorandum of understanding with Tata Steel to explore strategic collaboration across raw material mining, logistics, and steel production. The MoU was signed by […]
