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Tata Steel inks MoU with Ministry of Steel under PLI Scheme

18 Mar 2023 Evaluate

Tata Steel, Tata Steel Long Products, and The Tinplate Company of India have signed Memorandum of Understanding (MoU) for eight product categories with the Ministry of Steel under the Production-linked incentive (PLI) Scheme for specialty steel. The MoU signing marks a significant milestone for Tata Steel, enabling the company to further enhance its capabilities and contribute to the Government's vision of Atmanirbhar Bharat.

Tata Steel, the flagship company of the Tata group, is the first integrated steel plant in Asia and is now the world’s second most geographically diversified steel producer and a Fortune 500 company.

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