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Hindalco to Invest Rs 586 Crore in Kuppam Aluminium Plant to Join Apple’s Global Supply Chain

Hindalco Industries will invest Rs 586 crore in a world-class aluminium extrusion plant at Kuppam, Andhra Pradesh, producing iPhone components and creating 600...

IndiaIndustrialIron OreMarket UpdatesMetalMiningNewsSteel Daily

India Expands Specialty Steel Mission: Third Round of PLI Scheme Launched to Boost Advanced Steel Manufacturing

India launches the third round of its PLI Scheme for Specialty Steel to attract ₹43,874 crore investment, create jobs, and boost high-end steel...

IndustrialMarket UpdatesMetalNewsReal EstateSteel DailyTrade

Jindal (India) Expands Colour-Coated Steel Capacity to Support India’s White Goods Growth

Jindal (India), part of the BC Jindal Group, invests Rs 1,500 crore to expand colour-coated steel capacity in West Bengal, targeting India’s booming...

ConstructionEquipmentIndustrialInfrastructureNewsNHAIRoad

Centre Plans ₹16,000 Crore Incentive Scheme to Boost Local Construction Equipment Manufacturing

The Centre is preparing a ₹16,000 crore incentive scheme to boost domestic manufacturing of construction equipment, including tunnel boring machines and cranes. The...

ConstructionEquipmentIndustrialNewsTrending News

Construction Equipment Industry Seeks PLI Scheme as US Tariffs Loom

With U.S. tariffs raising costs for Indian machinery, construction equipment makers are pressing for a Production Linked Incentive (PLI) scheme for components. JCB...

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Government Receives 73 Applications for Specialty Steel PLI Scheme

The Indian government has got 73 applications under the second round of the Production Linked Incentive (PLI) scheme for specialty steel. According to the...

Budget 2025NewsSteel DailyTrending News

Union Budget 2025: Increase in PLI scheme for specialty steel

According to Finance Minister Nirmala Sitharaman on February 1, her eighth successive Union Budget allocated a sum of considerable measures to the production-linked...

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Govt to Relaunch PLI Scheme for Specialty to Boost Domestic Production

Production-Linked Incentive for the specialty steel sector will be a fresh round in which the government will announce the scheme on Monday, which,...

NewsSteel DailyTrending News

India’s Ministry of Steel Charts Global Strategy for 2025, Aiming to Lead in Production and Exports

The Indian Ministry of Steel is preparing a global strategy for steel in January 2025. This plan aims to align the Indian steel...

NewsSteel DailyTrending News

India’s Ministry of Steel to Revamp PLI Scheme for Specialty Steel

India’s Ministry of Steel is revising the Production-Linked Incentive (PLI) scheme to revitalize the prospect of the specialty steel sector and further streamline...