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Global Trade Alert

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India: Production linked incentive scheme announced for specialty steel

Description

On 22 July 2021, the Indian Union Cabinet of Ministers announced financial incentives worth INR 775 crore (~USD 104.1 million) for the year 2023-2024 under the "Production Linked Incentive (PLI) schem...

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Intervention Details

Intervention Type

Production subsidy

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

01 Apr 2022

Revocation date

31 Mar 2023

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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