Lalbaba Engineering signs MoU under PLI scheme for speciality steel

Metallurgical Industries Feb 10,2026

Lalbaba Engineering Limited has signed an MoU under the Government of India’s Production Linked Incentive scheme for speciality steel.

The company plans to expand capacity for high-grade steel products.

The investment will focus on value-added speciality steel segments. The PLI scheme supports domestic production of critical steel grades.

The project will be implemented in accordance with scheme guidelines.

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