Target Segment:
Five Product Categories and further sub-divided into 19 product sub-categories.
1, Coated/Plated Steel Products
2. High-Strength/Wear resistant Steel
3. Specialty Rails
4. Alloy Steel Products and Steel Wires
5. Electrical Steel
Tenure of Scheme:
Five Year is tenure of Scheme which is divided into two segment tenure for production year and tenure for incentive disbursement year:
As per Scheme: Tenure for Production year: FY 2023-24 to FY 2027-28
Tenure for Incentive disbursement year: FY 2024 – 25 to FY 2028-29
In the case of specific product categories, the initial year deferred by two (2) years.
Eligibility Criteria:
Companies or JV, registered in India under the Companies Act 2013, ensuring end-to-end manufacturing of applied product sub-category domestically, where the input material is melted and poured within the country using iron ore/ scrap/ sponge iron/pellets, etc.
Third party outsourcing is allowed up to 20% of value addition
Net worth of applicant ≥ 30% of Committed investment (FY preceding Application submission year).
Committed Investment ≥ Threshold investment.
Minimum unit capacity to be installed as per Annexure-III.
Committed rate of incremental production (%) ≥ Threshold incremental production rate (%).
Flexibility provided for installation of more than 1 unit by same company.
Sub-Category Wise Company Selected:
Sr No | Sub-Category | No of Company |
1 | Alloy Steel: Bearing Steel | 6 |
2 | Alloy Steel: Tool and Die Steel | 5 |
3 | Alloy Steel: Valve Steel | 3 |
4 | Al-Zn coated (Galvalume) | 3 |
5 | Asymmetric Rails | 2 |
6 | Auto Gr Steel AHSS (CRCA) | 2 |
7 | Automotive powertrain steel | 6 |
8 | C - Class Zinc Coated Wire | 1 |
9 | Coated/Plated products of Metallic/Non-Metallic alloys | 6 |
10 | Colour Coated | 3 |
11 | CRGO | 1 |
12 | CRNO | 2 |
13 | Galvanneal/GI-Auto-Gr | 2 |
14 | Head Hardened rails | 1 |
15 | High Tensile Sheets, Coil, Plates, YS>=450 | 3 |
16 | HR Coil, Sheets and Plates API Gr 52<=X<=70 | 3 |
17 | Oil Tempered Spring Steel Wire | 2 |
18 | Precipitation Hardened Stainless Steel | 1 |
19 | Sub-Category/ Selected Company | 2 |
20 | Tin mill Products | 4 |
21 | Tyre Bead wire | 6 |
22 | Tyre Cord (Brass Coated) | 2 |
23 | Zinc - Aluminium Coated Wire | 1 |
24 | Grand Total | 67 |
Company Wise in Sub-Category:
