Global Trade Alert
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 approved incentives worth INR 1394 crore (~USD 187.24 million) and INR 1377 crore (~USD 184.96 million) for the production of speciality steel in...

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Intervention Details

Intervention Type

Production subsidy

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

01 Apr 2024

Revocation date

31 Mar 2026

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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