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National Steel Policy & Steel PLI

Government of India · ongoing · since 2021

National Steel Policy & Steel PLI is a Government of India scheme dating from 2021; its current status is ongoing. PLI for speciality steel to develop domestic capacity for high-grade steel used in defence, aerospace, and automotive sectors.

↗ Official source — steel.gov.in

Status
ongoing
Started
2021
Budget / outlay
₹6,322 crore (Steel PLI)
Reach
Govt. reported: 27 companies approved; ₹40,000 crore investment committed; India is the world's 2nd largest crude steel producer, at ~168.4 MT in 2025–26.
Run by
Government of India
Official source
steel.gov.in
Last verified
Sep 2026

Projects & Initiatives 1 ongoing

National Steel Policy & Steel PLI
Ongoing
Budget₹6,322 crore (Steel PLI)
ReachGovt. reported: 27 companies approved; ₹40,000 crore investment committed; India is the world's 2nd largest crude steel producer, at ~168.4 MT in 2025–26.
Since 2021 · PLI for speciality steel to develop domestic capacity for high-grade steel used in defence, aerospace, and automotive sectors.

Frequently asked questions

What is National Steel Policy & Steel PLI?

PLI for speciality steel to develop domestic capacity for high-grade steel used in defence, aerospace, and automotive sectors.

What is the official website of National Steel Policy & Steel PLI?

The official source for National Steel Policy & Steel PLI is steel.gov.in.

When did National Steel Policy & Steel PLI start?

National Steel Policy & Steel PLI dates from 2021.

What is the current status of National Steel Policy & Steel PLI?

National Steel Policy & Steel PLI is ongoing.

What is the budget of National Steel Policy & Steel PLI?

₹6,322 crore (Steel PLI)

How many people has National Steel Policy & Steel PLI reached?

Govt. reported: 27 companies approved; ₹40,000 crore investment committed; India is the world's 2nd largest crude steel producer, at ~168.4 MT in 2025–26.

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