Creating the capacity to scrap vehicles in the volumes required to make a significant dent in vehicular pollution will be a tough ask
A PIL in the Delhi High Court has challenged the AAP government's guidelines for scrapping motor vehicles claiming the requirements for a license under these norms would oust marginal scrap dealers
Mahindra MSTC is into acquiring used/end-of-life vehicles for dismantling and scrapping. The pact will enable M&M customers to get a hassle free and transparent deal under one roof
In case the vehicle is registered against submission of 'certificate of vehicle scrapping', the concession in motor vehicle tax will be upto 25 per cent in case of non-transport vehicles
The vehicle scrapping policy is unlikely to make people junk their old vehicles for new ones in a big way, owing to insufficient incentives offered by the government for replacement, a report said
Companies in talks on joint ventures and exploring tie-ups with suppliers
In an interview, Road Secretary Aramane speaks about the sops that the govt will provide and the relevance of synergy between the public and the private sectors to make vehicle scrapping policy work
Vehicle Scrappage policy will provide a fillip to automotive industry volumes and spur demand for new vehicles, rating agency ICRA said
The policy statement for the first time recognises that there is a need to ensure that vehicles are fit for continued use, says Bhargava
Actual number of vehicles available for scrapping 'a fourth of govt estimates'
The union government proposed to offer a road-tax rebate of up to 25 per cent for personal vehicles and up to 15 per cent for commercial vehicles
Gadkari on Thursday said the vehicle scrapping policy will be a "win-win" policy that will help improve fuel efficiency and reduce pollution
Plan is to replace use of imported ammonia in farming, petroleum, steel and other sectors; Gadkari bats for all govt vehicles to go electric
Automakers are counting on the plan to boost sales, which have been smashed by a widespread fall in demand
Finance Minister Nirmala Sitharaman on Monday announced the much-awaited voluntary vehicle scrapping policy to phase out old and polluting vehicles
On July 26, 2019, the government proposed amendments to motor vehicle norms to allow scrapping of vehicles older than 15 years in a bid to spur adoption of electrical vehicles
Scrapping policy should consider ownership trend
The Indian ship recycling industry is also facing competition from Bangladesh and Pakistan which are offering more competitive prices for vessels as well as enjoying better domestic steel prices
The proposed policy, once approved, will be applicable on all vehicles including two- and three-wheelers
Tata Motors, Mahindra & Mahindra, Bharat Forge and Ashok Leyland from the Nifty Auto index climbed 3 per cent each on the National Stock Exchange.