Steel
Union Budget 26: Specialty steel PLI, ₹25,000 cr PSU capex & shift to value addition

India’s steel sector in 2026–27 is being steered through a quiet but significant policy transition, with the Union Budget signalling a move away from large-scale fiscal support for struggling public enterprises and toward targeted industrial incentives aimed at upgrading technological capability and value addition. The allocations under the Ministry of Steel show a leaner ministry …
The post Union Budget 26: Specialty steel PLI, ₹25,000 cr PSU capex & shift to value addition appeared first on Energy Asia.




