Synergy Advanced Metals Joins Key Govt Steel Initiative
Synergy Advanced Metals Limited has signed a memorandum of understanding with the Ministry of Steel, Government of India, to participate in the Production-Linked Incentive (PLI) scheme for speciality steel. The company executed four MoUs after clearing MECON’s review process. As...
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Shakti Pumps Stainless Steel Solar Pumps Target Smarter Irrigation
At the recently concluded Krishi Darshan Expo in Hisar, Shakti Pumps (India) Limited showcased its latest stainless steel solar pumps. The company highlighted a claimed 40 per cent higher water output along with improved durability. Farmers are constantly concerned about...
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What Viraj Profiles New PLI Pact Signals for Stainless Steel
Viraj Profiles Pvt Ltd has entered into a Memorandum of Understanding with the Ministry of Steel under the Government of India’s Production Linked Incentive (PLI) scheme, committing Rs 280 crore to boost speciality stainless steel manufacturing. With stainless steel demand...
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Mukand’s Stainless Steel gets Green Steel Certification Boost
An Indian specialty and stainless steel manufacturer, Mukand Limited, has secured Green Steel certification, underlining its progress in lower-emission steel production. The recognition covers multiple product categories with strong star ratings. As global industries push to decarbonise, could such certifications...
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Government, Jindal Stainless Team Up Under PLI 1.2 Scheme
At the MoU signing ceremony (from left to right): Union Minister for Steel and Heavy Industries, H. D. Kumaraswamy ji; Secretary, Ministry of Steel, Sandeep Poundrik ji; Joint Secretary, Ministry of Steel, Abhijit Narendra ji; and Jindal Stainless, Director –...
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Sambhv Steel, Subsidiary Sign Key MoUs Under PLI 1.2 Scheme
Sambhv Steel Tubes and its subsidiary have committed nearly Rs 362 crore under the government’s PLI Scheme 1.2 for specialty steel, signalling a sizeable push into high-value stainless and alloy steel products. With India’s specialty steel demand rising across automotive...
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