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SCRAPPAGE POLICY FOR VEHICLES
Rising energy bills: How EVs, rooftop solar, induction cooking can protect your household budget and how much they actually costFuel prices are volatile, electricity tariffs are rising, and your LPG cylinder is at the mercy of global events. Here’s how switching to a...
ELV rules make auto sector non-compliant; FY26 scrap target missed by 70%Industry executives blame an 'unrealistic policy' after a rule change disallowed using other steel scrap for compliance. This makes meeting...
State incentives power India’s EV market growthAs environmental consciousness rises, Indian consumers are increasingly opting for electric vehicles. Favorable state policies are making E...
India's EV transition needs a China-style ecosystem push; scale, policy, charging infra boost: NomuraIndia's transition to electric vehicles (EVs) will depend critically on how quickly it can build out a robust charging ecosystem, with infr...
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...
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...
Auto scrappage policy to accelerate economic growth, boost job creation: Gadkari"The launch of the National Scrappage Policy by the prime minister was a 'historic decision'... It will accelerate economic growth and boos...
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-...
Scrappage offtake to skid on limited incentive and poor cost economics for trucksTo be sure, the scrappage policy is much required as older vehicles are 10-12 times more polluting than newer ones. As things stand, India ...
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...
Benefits on buying new vehicles on scrapping of old; taxes, levies for polluting cars: Nitin GadkariThe voluntary vehicle scrapping policy announced in the Union Budget for 2021-22 is touted as a major step to boost the Indian automobile s...
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 to be out for Public comments by November 15The policy for voluntary scrapping of old vehicles is expected to spell out disincentives for older vehicles, including manifold increase i...
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 ...