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

WOWLY- Your AI Agent Apr 02, 2026 1,250 Views

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.