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India aims for 1,000 vehicle scrapping centres, 400 fitness test hubs: Gadkari

During the launch of 'DigiELV,' Gadkari disclosed that the road ministry has already granted approval for 85 vehicle scrapping facilities nationwide.Read more

Tata Motors launches its registered vehicle scrapping facility, Re.Wi.Re

Union Minister Nitin Gadkari inaugurated the registered vehicle scrapping facility (RVSF) Re.Wi.Re – Recycle with Respect, by Tata Motors in Jaipur Rajasthan. The world-class facility has a capacity of 15,000 vehicles per year and follows eco-friendly processes for the safe and sustainable dismantling of end-of-life vehicles.Read more

Tata Motors inks MoU for setting up vehicle scrapping facility in Maharashtra

The proposed scrappage centre will have the capacity of recycling up to 35,000 vehicles a year for end-of-life passenger and commercial vehicles.Read more

Scrappage Policy proposes setting up of PPP-based registered scrapping centres

The Scrappage Policy announcement is in-line with the government vision to make scrap recycling an organised sector. Ministry of Mines has recently issued National Non-Ferrous Metal Scrap Recycling Framework, 2020 covering key non-ferrous metals like Aluminium, Copper, Zinc and Lead. The framework has been released with an objective to promote formal and well-organised recycling ecosystem, quite similar to the Scrappage Policy.Read more

Government implements major reforms to boost domestic manufacturing

These reforms are aimed at enhancing exports.Read more

Government mulls on making Scrap Recycling an organised sector

This framework is also seen to be prepared in the backdrop of the upcoming Vehicle Scrappage Policy for automobiles, which will ensure sufficient availability of domestic scrap in the countryRead more

With Scrappage Policy auto industry can revive faster

The Covid 19 pandemic is having enormous effects globally. The global economy has been hit hard, even worse than the Great Depression in 1930. Read more

ACMA welcomes new MSME definition and infusion of liquidity

The new package is expected to give a big boost to the MSME sector, which has been under severe stress.Read more

Vehicle scrappage new policy, unlikely to perk up demand significantly says CRISIL

The much-awaited vehicle scrappage policy has received a go-ahead from the Prime Minister’s Office and is awaiting approval from the Goods and Services Tax (GST) Council. As per the draft policy released by the Ministry of Road Transport and Highways (MORTH) on May 26, 2016, vehicles older than 15 years were eligible for benefits under the scrappage scheme.Read more

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