Page 2 - Vehicle Scrapping

Tata Motors ties up with Gujarat govt to set up vehicle scrapping centre

Homegrown auto major Tata Motors on Friday said it has joined hands with Gujarat government to support setting up of a vehicle scrapping facility in Ahmedabad

Vehicle scrappage policy will promote circular economy: PM Modi

Prime Minister Narendra Modi on Friday launched the national vehicle scrappage policy, saying it will help phase out unfit and polluting vehicles and also promote a circular economy. The policy will give a new identity to India's mobility and auto sector, Modi said in a video address to the Investor Summit held to invite investment for setting up vehicle scrapping infrastructure under the Voluntary Vehicle-Fleet Modernization Programme. We are promoting a circular economy. The aim is to develop a sustainable and environment-friendly economy, he said. A circular economy is one where products are designed for durability, reuse and recyclability. The policy will give a new identity to India in the mobility and auto sector, Modi said. "This policy will play a major role in removing unfit vehicles from our roads in a scientific manner. It will modernise the vehicular population on our city roads, he said. The prime minister said that India should work for clean, congestion free and .

Scrappage policy will help phase out unfit, polluting vehicles: PM Modi

Prime Minister Narendra Modi on Friday launched the national vehicle scrappage policy, adding it will help phase out unfit and polluting vehicles

Building for scrap: Does India have the capacity to handle this?

Creating the capacity to scrap vehicles in the volumes required to make a significant dent in vehicular pollution will be a tough ask

PIL in Delhi HC challenging vehicle scrapping guidelines of AAP government

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

Renault joins hands with CERO Recycling for vehicle scrapping programme

Automaker Renault India on Thursday said it has launched a vehicle scrapping programme in partnership with the country's first organised scrap vehicle recycling company CERO

Competition among auto cos address issue of vehicle scrapping sops: Gadkari

In a Q&A, the Union minister of road transport and highways says scrapping centres will become an entire industry on their own, subject to state and central rules

Vehicle scrapping policy unlikely to trigger replacement, says Jefferies

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

After 'green tax' approval, govt may put vehicle scrap policy on hold

"The announcement of green tax is a step towards the scrappage policy," an official told Business Standard

Automakers agree to offer discount of 1% if old vehicle scrapped

PMO bats for incentivising scrapping, not imposing it on owners of old vehicles

Vehicle scrappage policy awaiting final clearance from Cabinet, says FM

The proposed policy, once approved, will be applicable on all vehicles including two- and three-wheelers

Automakers may offer incentives to customers for scrapping old vehicles

Govt proposes manufacturers should bear the burden of discounts to push new CVs

Cabinet to soon decide on vehicle scrapping policy, says Nitin Gadkari

The Road Transport and Highways Minister stated that he has cleared a cabinet note on the proposed policy and the finance ministry has also approved the same

Vehicle scrapping policy to provide Rs 14k-cr benefit: Nitin Gadkari

It aims to scrap heavy vehicles that are more than 15 years old in the first phase

Make vehicle scrapping mandatory, start with heavy vehicles: FM Jaitley

Union Minister Nitin Gadkari informed that the Budget would provide incentives for people who scrap their old vehicles