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Vehicle scrappage policy to help generate demand for new vehicles, say sources

By : Sustainability ..., May 11, 2020

The much-awaited vehicle scrappage policy would help in curbing air pollution, reducing fuel consumption and curtailing fatalities in road accidents, while generating demand for new vehicles in the country amid the coronavirus pandemic, industry sources said. The proposed...

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Maruti, Toyota to set up vehicle dismantling and recycling joint venture

By : Sustainability ..., Nov 7, 2019

Maruti Suzuki India (MSIL) and Toyota Tsusho Group on Wednesday announced the setting up of a vehicle dismantling and recycling joint venture. The plant, which will be set up in Noida by 2020-21, will have an initial capacity to dismantle 2,000 vehicles per month. The new...

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Vehicle scrap policy coming soon : Indian Government

By : sustainabilityo..., Feb 6, 2017

Government is keen on implementing vehicle policy that aims at scrapping 15-year old commercial vehicles in the first phase, and it will send the proposal to GST Council after Cabinet nod, Union...

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