India#39;s steelmakers fall short of investment target due to delays linked to China
India#39;s steelmakers fall short of investment target due to delays linked to China
Under a production-linked incentive programme, launched in 2020, 27 steelmakers including JSW Steel Ltd, Tata Steel Ltd, and ArcelorMittal Nippon Steel Ltd signed 57 agreements with the government, promising to invest 210 billion rupees ($2.52 billion) in the 2023/24 fiscal year.
Under a production-linked incentive programme, launched in 2020, 27 steelmakers including JSW Steel Ltd, Tata Steel Ltd, and ArcelorMittal Nippon Steel Ltd signed 57 agreements with the government, promising to invest 210 billion rupees ($2.52 billion) in the 2023/24 fiscal year.
Under a production-linked incentive programme, launched in 2020, 27 steelmakers including JSW Steel Ltd, Tata Steel Ltd, and ArcelorMittal Nippon Steel Ltd signed 57 agreements with the government, promising to invest 210 billion rupees ($2.52 billion) in the 2023/24 fiscal year. 
