New Delhi, 24 August 2021: India presently operates at the lower end of the value chain in the steel sector. Value-added steel grades are largely imported in India. This is because of the disabilities faced by the steel industry to the tune of $80-100 per ton, on account of higher logistics and infra cost, higher power and capital cost, taxes and duties. The PLI scheme with budgetary outlay of ₹6,322 crores will provide necessary impetus to Indian steel sector said Shri Faggan Singh Kulaste, Hon&apos;ble Minister of State for Steel, Govt. of India while addressing the session, &quot;Value creation through Supply Chain for the Steel Industry&quot; at ASSOCHAM&apos;s five day long virtual conference on Global Value Chain - Backward & Forward Integration.