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Rajratan Global Wire receives government approval under PLI Scheme for specialty steel

24 Dec 2022 Evaluate

Rajratan Global Wire (RGWL) has received an approval under Production Linked Incentive Scheme (PLI) from Government of India for Specialty Steel (Tyre Bead Wire). The incentive is based on incremental production. The incentive would be payable on incremental production over the base year production as defined in the PLI Scheme. The incentive is subject to terms and conditions as approved by the Government of India from time to time.

Rajratan Global Wire (RGWL) is one of the leading manufacturers of high carbon steel wire in India – specializing in automotive tyre bead wire, high quality spring & rope wires are other speciality products of the company.

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