The expansion of the scheme aims to support the manufacture of capital goods and critical consumables such as refractories, low carbon and low loss of ignition fluxes, rollers, carbon capture units, coal and iron beneficiation agglomeration equipment, and other imported materials required in steel making. The new initiative is currently in the final stages of discussions at the steel ministry, and is expected to be implemented before the end of the current year, after required approvals, including from the Union cabinet.
This story is from the May 23, 2023 edition of Mint Mumbai.
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This story is from the May 23, 2023 edition of Mint Mumbai.
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