Delhi poised to establish first vehicle scrapping facility to combat pollutionDelhi is establishing its first registered vehicle scrapping facility to dismantle older vehicles responsibly, addressing pollution and env...
12 Oct, 2024, 12.53 PM IST
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...
08 Oct, 2024, 06.00 PM IST
Budget 2023: Cars, EVs and trucks to get demand boost“The reduction in income tax across various categories will increase propensity among the salaried class to spend,” said Shashank Srivastav...
02 Feb, 2023, 02.04 PM IST
Tata Motors looks to set up franchise vehicle scrappage centresThe company has already started sending out a letter of intent (LOI) to the franchise partners to set up the scrappage facilities.
17 Nov, 2021, 09.44 PM IST
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-...
13 Aug, 2021, 10.32 PM IST
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....
13 Aug, 2021, 06.42 PM IST
Scrappage policy paves way for creation of recycling industry: Automobile manufacturersMaruti Suzuki chairman RC Bhargava said the policy is unlikely to help increase vehicle sales in the short term, as the implementation proc...
19 Mar, 2021, 03.11 PM IST
Fitness testing, certification of old vehicles should take place at earlier intervals: SIAMThe industry body also raised concerns over the increase in customs duty on certain imported vehicle components, saying it could lead to in...
01 Feb, 2021, 09.41 PM IST
Mercedes, Skoda say custom duty hike on certain parts to lead to increase in vehicle pricesIn the Budget 2021-22, Finance Minister Nirmala Sitharaman proposed increase in customs duty of various parts, including ignition wiring se...
01 Feb, 2021, 08.29 PM IST
Commercial vehicle makers gain as govt announces details of scrappage policiesAnalysts were expecting the government to announce details regarding setting up of vehicle scrappage infrastructure which will be conducive...
01 Feb, 2021, 12.18 PM IST
Don't need China or Chinese investments: Nitin GadkariGadkari’s statement assumes significance after India said that it will not allow Chinese companies to participate in highways projects, inc...
04 Jul, 2020, 08.48 AM IST
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 ...
08 Feb, 2020, 07.10 AM IST
Gulf Oil expects reforms to boost auto sector in Budget"We hope to see a robust implementation of the auto scrappage policy. We hope the government continues its thrust on infrastructure to stre...
28 Jan, 2020, 09.16 PM IST
Proposed scrappage policy may not revive demand for new CVsThe scrappage scheme, which was first mooted by Nitin Gadkari, the minister for road transport and highways in August 2015, is currently wi...
15 Oct, 2019, 06.06 PM IST
'Time to kick-start sustainable growth in auto industry'Positive policy announcements are the need of the hour to help the sector deal with the disruption caused due to technological innovation a...
19 Jun, 2018, 08.25 AM IST
Government exploring dedicated scrapyard for older vehicles: Nitin GadkariGadkari emphasised that scrappage is an important issue, and one has to find ways of how and where to treat a ‘scrapped’ vehicle.
21 Apr, 2015, 04.00 AM IST
Activists against dumping old carsA National Green Tribunal bench has suggested that vehicles over 15 years old, which will be banned in Delhi, can be moved outside NCR wher...
08 Dec, 2014, 10.21 AM IST