Parliament Question: PLI Scheme in Steel Sector

GOVERNMENT OF INDIA MINISTRY OF STEEL LOK SABHA UNSTARRED QUESTION NO. 3840 FOR ANSWER ON 12.08.2025 PLI SCHEME IN STEEL SECTOR

3840. SHRI BALASHOWRY VALLABHANENI:

Will the Minister of STEEL be pleased to state:

(a) whether Performance Linked Incentive (PLI) scheme announced for specialty steel in 2020 with an estimated outlay of Rs. 6,300 crores;

(b) if so, the details of investment it could attract since its implementation in November, 2020;

(c) the details of additional production it could generate since its implementation in November, 2020;

(d) the number of employment opportunities it could generate since November, 2020; and

(e) the amount of incentive so far disbursed out of the total outlay of Rs. 6,300 crores? ANSWER THE MINISTER OF STEEL (SHRI H.D. KUMARASWAMY)

(a)to(e): Production Linked Incentive (PLI) Scheme for Specialty Steel was launched with an overall budget of Rs.6,322 crore in July, 2021 to promote the manufacturing of 'Specialty Steel' within the country. The details of the PLI Scheme

for specialty steel are as follows:- Commitment during scheme tenure by selected companies Investment (Rs. Cr) 44,000 Production (in million tonnes) 14.3 Employment (in Nos.) 31,000 Incentive disbursed (Rs. Cr.) 48 ( Till July, 2025) *****