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Ministry of Steel Secures Major Investment in Specialty Steel Projects

Official Press

09 Feb 2026

The Ministry of Steel, overseen by Shri H.D. Kumaraswamy, has signed MoUs for 85 specialty steel projects amounting to an investment of ₹11,887 crore under the Production-Linked Incentive Scheme 1.2. This initiative includes commitments from 55 companies to enhance India's domestic steel manufacturing capabilities, supporting the 'Make in India' vision. The projects aim to bolster production capacity, reduce import dependency, and position India as a significant global player in high-value steel supply.

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Key Global Diplomacy Topics Highlighted in Recent Press Releases

Latest Press Releases from the Ministry of External Affairs

Bastar Pandum 2026 Revitalizes Cultural Roots in Chhattisgarh

Ministry of Jal Shakti Hosts Workshop to Enhance Flood Forecasting