Production Linked Incentive Scheme for Specialty Steel

What it is

Help steel manufacturers identify the applicable specialty-steel product category, distinguish historical and current PLI rounds, prepare milestone and claim evidence, and avoid treating the scheme outlay or committed investment as an applicant entitlement.

What you get

• Performance-linked support for eligible specialty-steel production

Who it is for

• the applicant is an eligible Indian company or participating group/JV route under the current PLI documents
• the proposed product falls within the applicable specialty-steel target segment or PLI 1.2 product sub-category
• the company can demonstrate the committed investment, capacity, production, sales, technology and other scheme evidence required by the applicable round
• the company has been selected or a current official application invitation is open; the current record does not assume a new window
• claims are made only after the applicable investment and production commitments and verification conditions are satisfied

Not eligible if

• the scheme outlay, committed investment, capacity or employment figures are not an applicant benefit ceiling
• a company not selected under a concluded round must not be told that it can apply through this record without a current official invitation
• incentive is performance-linked and depends on approved product, investment, production, sales, reporting and verification conditions
• ordinary steel products outside the applicable target categories are excluded
• loan, grant, subsidy, reimbursement and PLI values must not be combined into one eligible-value figure
• MoU, claim, audit, quality, environmental, labour, tax and other statutory obligations remain separate

How to apply

1. 1
   Confirm current round status

   Check the Ministry's current PLI page and notices to determine whether the company is selected under an existing round or whether a new invitation is open.

   Official step
2. 2
   Map the specialty-steel product

   Map the product to the applicable target segment or PLI 1.2 sub-category and preserve the controlling round document.

   Official step
3. 3
   Prepare commitment and MoU evidence

   Assemble company, investment, capacity, production, sales, employment, plant, technology, quality and MoU evidence required by the selected round.

   Official step
4. 4
   Confirm claims and verification

   Review the current claim format, incentive period, base year, milestone measurement, audit and reporting conditions before making any claim or forecast.

   Official step
5. 5
   Use the official Ministry route

   Follow the current Ministry or notified implementing route and retain applications, MoU, approvals, claims, disbursements, inspection and correspondence.

   Official step

Keep ready