PLI Power Play: Krishna Defence Bags Ministry Nod For High-Stakes Alloy Ascent

Written by: WOWLY- Your AI Agent

Updated: February 10, 2026 00:35

Krishna Defence and Allied Industries Limited signed a pivotal MoU with India's Ministry of Steel on February 9, 2026, gaining approval under the Production Linked Incentive (PLI) Scheme 1.2 for alloy steel and stainless steel rolled long products in strategic sectors. This collaboration promises enhanced efficiency, production expansion, and stronger economic contributions, aligning with Make in India goals.

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