Minimum Investment Threshold Under PLI Scheme for Specialty Steel

Government held extensive consultation with all segments of steel manufacturers including MSMEs. The list of specialty steel categories to be incentivized and other parameters including investment thresholds were finalized after these deliberations. The details of minimum investment threshold for different product categories under the PLI scheme for specialty steel are given as follows:-

Sl.No.

Sub-category

Minimum investment threshold (₹ Cr)

1

Galvanneal/GI-Auto-Gr

700

2

Tin mill Products

600

3 (a)

Coated/Plated products of Metallic/Non-Metallic alloys

200

3 (b)

Al-Zn coated (Galvalume)

4

Colour Coated

300

5 (a)

HR Coil, Sheets and Plates API Gr 52<=X<=70

2750

5 (b)

HR Coil, Sheets and Plates API Gr>X-70

5 (c)

High Tensile Sheets, Coil, Plates, YS>=450

6

Auto Gr Steel AHSS (CRCA: Cold rolled closed annealed)

1000

7 (a)

Boiler Quality, Pressure Vessels

2500

7 (b)

QT / Abrasion Resistance and Wear Resistance

8 (a)

Asymmetric Rails

350

8 (b)

Head Hardened rails

9 (a)

Alloy Steel: Tool and Die Steel

100

9 (b)

Alloy Steel: Valve Steel

10

Alloy Steel: Bearing Steel

11

Automotive powertrain steel

12

Precipitation Hardened Stainless Steel

13

Tyre Bead wire

14

C' Class Zinc Coated Wire

15

Zinc - Aluminium Coated Wire

16

Tyre Cord (Brass Coated)

600

17

Oil Tempered Spring Steel wire

30

18

CRGO

5000

19

CRNO

700

This information was given by the Union Minister of State for Steel and Rural Development, Faggan Singh Kulaste, in a written reply in the Lok Sabha on 29 March, 2023.