Viraj Profiles Signs MoU with The Ministry of Steel Under PLI Scheme, Commits INR 280 Crore to Advance Speciality Stainless Steel Manufacturing

Viraj Profiles Signs MoU with The Ministry of Steel Under PLI Scheme, Commits INR 280 Crore to Advance Speciality Stainless Steel Manufacturing

Get latest articles and stories on Business at LatestLY. Mumbai (Maharashtra) [India], February 12: Viraj Profiles Pvt. Ltd. has signed a Memorandum of Understanding (MoU) with the Ministry of Steel under the Government of India's Production Linked Incentive (PLI) framework, marking a significant step toward strengthening India's capabilities in speciality stainless steel manufacturing. The company has committed an investment of INR 280 crore as…

Jindal Stainless Signs Mou with Government Of India Under PLI 1.2, Reinforcing India’s Specialty Steel Manufacturing Push

New Delhi, February 12, 2026: Jindal Stainless has signed a Memorandum of Understanding (MoU) with the Ministry of Steel, Government of India, under the newly launched Production Linked Incentive (PLI) 1.2 scheme for speciality steel. Aligned with the vision of Prime Minister Shri Narendra Modi, the scheme marks a significant step towards strengthening India’s high-value manufacturing capabilities and reducing import dependence in critical speci…