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VEHICLE SCRAPPAGE POLICY
Delhi EV Policy aims to cut ownership costs, boost adoption: CM Rekha GuptaDelhi's new EV Policy 2026 aims to make electric vehicles economically attractive for citizens. Chief Minister Rekha Gupta highlighted that...
Tata Motors bullish on CV demand as India growth can outweigh Iran war impact in long termTata Motors anticipates short-term headwinds for commercial vehicle demand due to West Asia war-induced diesel price hikes. However, MD & C...
About 1.1 mn old medium & heavy CVs offer significant potential for scrappage: ICRAIndia's Vehicle Scrappage Policy targets around 1.1 million commercial vehicles over 15 years old, aiming to boost replacement demand and m...
India needs 1,000 scrapping centres, 400 fitness test points: Nitin GadkariUnion Road Transport and Highways Minister Nitin Gadkari announced on Monday that the nation requires a network of 1,000 vehicle scrapping ...
Govt plans to provide more tax concessions on vehicles bought after scrapping old ones: Nitin GadkariThe road transport and highways minister said he is also requesting the GST Council to explore what more incentives can be provided under t...
With new scrappage plan, age will matter in used-car business, tooThe vehicle scrappage policy is all set to give an impetus to the used-car business in the country where lower-age cars are expected to dri...
India's vehicle scrappage policy provides opportunities for new business models: ExpertsWith the COVID-19 pandemic making the industry realise the vulnerability associated with the current value chain structure at both the cons...
For a more holistic scrappage policyA vehicle scrappage policy that looks only at the automobile sector for its impact is not particularly useful.
Renault, Kia hail vehicle scrappage policy, term it game changer for auto industry"The new policy was an imperative, long-awaited and will support the automobile industry and the ancillary support industry creating a win-...
Vehicle Scrappage Policy: What is in it for you?Vehicle Scrappage Policy launched by PM Modi recently makes it expensive to rear an old vehicle while providing incentives to buy a new one...
Vehicle scrappage policy will promote circular economy: PM ModiThe policy will play a key role in 'Waste to Wealth' programme, PM Modi said, adding it will also help in reducing pollution in our cities....
Tata Motors ties up with Gujarat govt to support setting up of vehicle scrapping centre in AhmedabadThe scrappage centre, which will be for both passenger and commercial vehicles, will have a capacity of recycling up to 36,000 vehicles a y...
Registration fee waiver for new cars, 25% rebate on road tax: Gadkari unveils vehicle scrapping policyConsumers will also get scrap value for the old vehicle given by the scrapping centre, which is approximately 4-6 per cent of ex-showroom p...
'Vehicle scrappage policy to help generate demand for new vehicles amid coronavirus pandemic'A vehicle scrappage policy is in the works for some time now. The policy aims to put a cap on the life of vehicles in terms of years run. L...
Tata Motors, Ashok Leyland pitch for incentive-based scrappage policy to revive CV segmentTata Motors and Ashok Leyland have said a well-defined and financial incentives-based scrappage policy can help create demand in the commer...
Scrappage policy could get cabinet nod as early as in 15 days: Nitin GadkariA vehicle scrappage policy is expected to put a cap on the life of vehicles in terms of years of kilometres run. If old vehicles go out of ...
Scrappage Policy may not increase demand significantly: CrisilThe much-awaited vehicle scrappage policy has received a go-ahead from the Prime Minister’s Office and is awaiting approval from the Goods ...