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...
11 May, 2026, 11.07 AM IST
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...
03 May, 2026, 05.30 AM IST
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...
01 May, 2026, 02.40 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
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 ...
18 Dec, 2023, 07.00 PM IST
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...
23 Nov, 2021, 10.16 PM IST
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...
23 Aug, 2021, 01.01 PM IST
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...
16 Aug, 2021, 06.02 PM IST
For a more holistic scrappage policyA vehicle scrappage policy that looks only at the automobile sector for its impact is not particularly useful.
13 Aug, 2021, 11.40 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: 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...
13 Aug, 2021, 06.43 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
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...
19 Mar, 2021, 09.41 AM IST
'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...
10 May, 2020, 03.10 PM IST
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...
03 May, 2020, 04.07 PM 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
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 ...
20 Mar, 2018, 02.36 PM IST