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. […]
Bombay Coated and Special Steels Files DRHP for INR 191 Crore
The proposed initial public offering (IPO) is worth INR 191 crore, and the company is issuing fresh equity shares with no offer for sale (OFS) component. Jan 29, 2026 Steel processing company Bombay Coated and Special Steels has filed a draft red herring prospectus (DRHP) with the capital markets regulator SEBI to raise funds via […]
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 […]
AM/NS India Becomes the First Integrated Steel Producer to Receive Green Steel Certification in India
AM/NS India has become the first integrated steel producer in India to receive Green Steel certification under the Ministry of Steel’s new Green Steel Taxonomy. The company’s hot rolled flat steel products have achieved a four-star rating (emission intensity between 1.6 and 2.0 t-CO2e/tfs), while cold rolled products have received a three-star rating ( emission […]
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 […]
Jindal (India) Commissions INR 1,100 Crore Steel Coating Line in West Bengal
Jindal (India) Limited, a part of BC Jindal Group, has commissioned a coating line worth INR 1,100 crore for value-added steel products. Feb 09, 2026 Jindal (India) Limited, a part of BC Jindal Group, has commissioned a coating line for value-added steel products. The company has invested INR 1, 100 crore for this new line […]
Hilco Industrial Complete 8” Seamless Tube Plant in France, Up for Sale
Hilco Industrial has announced the sale of a complete 8” seamless tube manufacturing plant in Montbard, France, a historically significant facility equipped with proven Mannesmann technology and OEM equipment from FIVES DMS Montbard and SMS Mannesmann Meer. Jan 28, 2026 Hilco Industrial, a global provider of industrial asset solutions, has announced the sale of a […]
