BMW Industries Limited Signs MoU with Ministry of Steel to Develop Specialty Steel in Jharkhand
BMW Industries Limited (BMWIL), has signed a Memorandum of Understanding (MoU) with the Ministry of Steel under the Production Linked Incentive (PLI) Scheme 1.1 for Specialty Steel. The MoU was formalized at Vigyan Bhawan, New Delhi. Mar 24, 2025 BMW Industries Limited (BMWIL), a leading manufacturer in the downstream steel sector, has signed a Memorandum […]
How Government is Taking Measures to Reduce Steel Import in India
The Government acts as a facilitator, creating a conducive policy environment for the development of steel sector and facilitate the reduction of steel imports to improve the competitiveness of domestic steel manufacturers and reduce dependency on steel imports in India Mar 11, 2025 Steel is a deregulated sector, and steel prices are determined by the […]
Bright future: India Emerges as Second Largest Global Producer of Steel, Domestic Steel Production Registers Robust Growth
India produced 89.711 million tonnes of domestic finished steel during Apr-Nov 2023, registering 14.3 percent growth. Feb 21, 2024 The future of the steel sector in India looks propitious, as the domestic finished steel production during the first eight months of the current fiscal year (April-November 2023) has reached 89.711 million tonnes, as against 78.498 […]
