India's Vehicle Scrappage Policy targets around 1.1 million commercial vehicles over 15 years old, aiming to boost replacement demand and m...

Abhishek Gaoshinde says India's scrappage policy aims to transition from an unorganized to an organized system, providing incentives for re...

The road transport and highways minister said he is also requesting the GST Council to explore what more incentives can be provided under t...

"The launch of the National Scrappage Policy by the prime minister was a 'historic decision'... It will accelerate economic growth and boos...

With the COVID-19 pandemic making the industry realise the vulnerability associated with the current value chain structure at both the cons...

"The new policy was an imperative, long-awaited and will support the automobile industry and the ancillary support industry creating a win-...

The 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....

Cheap raw material acquired from scrapped vehicles would bring down the price of vehicles and boost their sales, thereby raising GST collec...

ities must definitely ban vehicles that cannot pass emission tests, and this has nothing to do with age: many vehicles are serious polluter...

“Ashok Leyland will be the biggest beneficiary, followed by M&M and Tata Motors,” said Aditya Jhawar, analyst at Investec.

In the Budget 2021-22, Finance Minister Nirmala Sitharaman proposed increase in customs duty of various parts, including ignition wiring se...

Analysts were expecting the government to announce details regarding setting up of vehicle scrappage infrastructure which will be conducive...

There are enough catalysts for auto companies to shine and we like Eicher, Tata Motors, Ceat from an investment perspective, says Hemang Ja...

“We are glad that the narrative around GST reduction and the scrappage policy are being worked out, as festive season is a big time to get ...

Rajan Wadhera, President, SIAM points out that in the past also, the government has extended support in 2009 and 2014 at times of degrowth....

First off, there must be a cut-off age for vehicles after which they should be scrapped. A kilometre-based criterion will not work in India...

In an exclusive chat with ET Now, Rico Auto MD Arvind Kapur said he expects to see increase in demand once scrappage policy is in place.