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SCRAPPAGE POLICY
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...
Delhi EV registrations rise 29%, petrol vehicles retain dominanceDelhi's electric vehicle registrations surged by 29 percent in 2025-26. Petrol vehicle registrations also increased, showing a mixed market...
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...
What does the scrappage policy mean for auto companies? Abhishek Gaoshinde explainsAbhishek Gaoshinde says India's scrappage policy aims to transition from an unorganized to an organized system, providing incentives for re...
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...
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...
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...
Narendra Modi sees investment worth Rs 10,000 crore from national scrappage policyPrime Minister Narendra Modi, launching the national scrappage policy on Friday, said it will attract more than ₹10,000 crore in investment...
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-...
Auto scrappage policy will boost vehicle sales, create jobs: Nitin GadkariCheap raw material acquired from scrapped vehicles would bring down the price of vehicles and boost their sales, thereby raising GST collec...
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 ...
Auto stocks gain on hopes govt will unveil scrappage policy soon“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 ...
'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...
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 ...