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Bansal Wire’s Subsidiary Signs MoU with Ministry of Steel under PLI Scheme 1.2 for Specialty Steel

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Bansal Wire’s subsidiary has signed an MoU under PLI Scheme 1.2 to invest INR 70 crore for a 70,000 TPA capacity. Feb 11, 2026 Bansal Wire Industries Limited’s wholly owned unit, BWI Steel Private Limited, has signed a Memorandum of Understanding (MoU) with the Ministry of Steel under the Government......
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India Offers Specialty Steel for NEOM Project in Saudi Arabia

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India and Saudi Arabia are looking to strengthen trade ties in the fields of electronic vehicle (EV), renewable energy (RE), power generation and natural gas, along with heavy machinery from Bharat Heavy Electricals Limited (BHEL). Feb 5, 2025 India has offered to supply specialty steel for Saudi Arabia’s ambitious megacity......
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Indian Steel Industry’s Future: Green Steel Mandatory

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Mr. Jyotiraditya Scindia, Union Minister of Steel and Civil Aviation, shared the possibility of mandating green steel manufacturing, and information about MoUs signed towards the specialty steel capacity addition by 25 million tonnes at INR 30,000 crore investment. April 19, 2023 Mr. Jyotiraditya Scindia, Indian Union Minister of Steel and......
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