Industrial Subsidies & PLI
Weekly Roundup
Weekly Brief — Industrial Subsidies & PLI
Industrial Incentives & PLI Weekly: Warangal PM MITRA & Steel Sector Gains
This report covers Industrial Subsidies, PLI Schemes, and manufacturing incentives from 2026-05-05 to 2026-05-12. Key updates include the inauguration of the Warangal PM MITRA Park with specialized incentive supports and performance milestones for the PLI Scheme for Specialty Steel.
Key Statistics
| ₹23,022 Cr | ₹300 Cr | 2.4 Million Tonnes |
|---|---|---|
| Cumulative investment in Specialty Steel PLI | Competitive Incentive Support (CIS) per PM MITRA Park | Specialty Steel output recorded under PLI |
Weekly Executive Summary
- PM MITRA Operationalization: The Prime Minister inaugurated the PM MITRA Park at Warangal, Telangana, triggering the release of development capital and competitive incentive support for manufacturing units in the region.
- PLI Performance Audit: Official backgrounders confirm the PLI Scheme for Specialty Steel has successfully driven ₹23,022 crore in investment, contributing significantly to import substitution and self-reliance in high-grade alloys.
- Regulatory Compliance: The Ministry of Labour and Employment notified the Code on Wages (Central)…
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