Union Minister of Steel JyotiradityaScindia said 35 companies have submitted 79 applications for the PLI scheme for specialty steel.
In the nation’s capital, the minister gave a speech at the “National Management Convention,” which was sponsored by the All India Management Association (AIMA).
“We closed all the applications two days ago and we received close to 79 applications from 35 companies. Looking at putting in place a capacity close to 28 million tonne per annum (MTPA) of new specialty steel capacity which will result in the creation of 70,000 jobs,” he said.
The applicants include major steel players like Tata Steel, JSW Steel, JSPL, AMNS India and SAIL, a senior steel ministry official said.
