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News
PLI push is paying off
8+ mon, 6+ day ago (388+ words) Marked output gains in steel, electronics, pharma The Production Linked Incentive (PLI) scheme was introduced in April 2020 with the intent of fast-tracking growth and helping the country become a $5 trillion economy In this regard, the PLI scheme supports domestic companies,…...
Viraj Profiles Signs MoU with The Ministry of Steel Under PLI Scheme, Commits INR 280 Crore to Advance Speciality Stainless Steel Manufacturing
7+ mon, 1+ day ago (245+ words) 12, 2026 /PRNewswire/ -- Viraj Profiles Pvt has signed a Memorandum of Understanding (MoU) with the Ministry of Steel under the Government of Indiaâs Production Linked Incentive (PLI) framework, marking a significant step toward strengthening Indiaâs capabilities in speciality stainless steel…...
Aluminium Association urges PMO to protect Indian industry from surging low-quality scrap imports
2+ mon, 1+ week ago (403+ words) The Aluminium Association of India (AAI) has appealed to the Prime Minister’s Office to protect the domestic aluminium industry from a surge of low-quality aluminium scrap imports. It said rising global protectionism has left India highly vulnerable, threatening the massive…...
Tata Steel plans major expansion, backward integration
9+ mon, 3+ day ago (458+ words) Tata Steel has announced a slew of brownfield expansion and backward integration programmes to strengthen the long-term growth strategy in India. The company has signed a memorandum of understanding with Lloyd Metals & Energy (LMEL) to jointly set up a greenfield…...
Dutch Govt commits €2 bn for Tata Steel Nederland’s decarbonisation project
11+ mon, 2+ week ago (473+ words) The Dutch government has agreed to provide €2 billion in support for Tata Steel Netherlands’ (TSN) decarbonisation project. Additionally, TSN has made an application to the EU Innovation Fund for €0.3 billion. The remaining amount is expected to be funded by a…...
Jindal Steel commissions 5 MTPA blast furnace at Angul plant
11+ mon, 2+ week ago (127+ words) Jindal Steel’s Angul plant in Odisha. Jindal Steel on Friday announced the commissioning of a blast furnace of 5 million tonne per annum (MTPA) capacity at its Angul plant in Odisha as part of the ongoing over ₹20,000 crore expansion project.. The…...
Naidu commits to strengthening Visakhapatnam Steel Plant; capacity rises to 79%, target 92.5% by Q3 FY26
11+ mon, 1+ week ago (310+ words) Andhra Pradesh Chief Minister N Chandrababu Naidu on Monday said the state government remains committed to strengthening and protecting the Visakhapatnam Steel Plant (VSP). The chief minister noted that over the past year, with the support of the Centre and…...
India core sector growth rises 6.3% in August 2025, steel and coal lead recovery
11+ mon, 3+ week ago (297+ words) India’s core sector hits 15-month high at 6.3% in August 2025, led by steel and coal. Crude oil, natural gas dip slightly; IIP growth expected 4.5-5.5%. India’s core sector growth hits 15-month high at 6.3% in August 2025 Crude oil and natural gas production fell…...
Dinesh Kumar Saraogi announces Launch of the Steel & Metal Ind. Advisory & Consultancy Firm; Saraogi Metal Solutions Pvt. Ltd.
9+ mon, 3+ week ago (341+ words) Dinesh Kumar Saraogi has recently announced the establishment of their newly-formed advisory & consultancy firm to uplift businesses operating industrial projects. Dinesh Kumar Saraogi (DK Saraogi), an established leader in the industry, has finally announced the launch of his newly-formed advisory…...
India-EU FTA to open major opportunities for people across both regions: PM Modi
7+ mon, 2+ week ago (256+ words) In a landmark announcement this morning, Prime Minister Narendra Modi confirmed that India and the European Union have reached an agreement on a highly ambitious free trade agreement. Hailing it as the ‘mother of all deals,’ the PM noted that…...