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Tata Motors to set up vehicle scrapping facility in Maharashtra
Tata Motors, India’s largest commercial vehicle manufacturer, signed a Memorandum of Understanding (MoU) with the Government of Maharashtra, through the Industries, Energy and Labour Department, Government of Maharashtra, with an intent to support setting up a Registered Vehicle Scrapping Facility (RVSF) in Maharashtra. 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
Electrifying road transportation in India to achieve net zero emission goals
With the complete Indian manufacturing ecosystem now working collaboratively, the country is all set to become a global vanguard for the electric future, says Ravichandran Purushothaman.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
Govt proposes deferring BS-VI norms for construction equipment
Due to the Covid 19 outbreak in the country, the transport ministry has floated a draft document for postponement of BS VI norms to March 31, 2021. postpones BS-VI norms, Covid 19 outbreakRead more
Ministry suggest increase in credit guarantee for MSMEs to Rs 5000 bn
MSME Minister Nitin Gadkari urge industry to look upon the present crisis as opportunity especially as some countries are looking to move away their investments from China.Read more
Govt amends interest subvention scheme for MSMEs to give fillip to the sector
The Minister for Micro, Small and Medium Enterprises (MSMEs) and Road Transport & Highways, Nitin Gadkari has approved the changes in the Interest Subvention Scheme for MSMEs, in a meeting held to review the functioning of the scheme.Read more
Oriental Structural Engineers wins Gold at MoRTH Annual Awards
OSE won awards under both categories of construction and management of the Eastern Peripheral Expressway (Package-5).Read more
Eicher Trucks bags order for 350 HD trucks from Bangladesh
Bangladesh Road Transport Corporation (BRTC) has bought 350 units of Eicher 20.16, which is a 16 tonnes GVW haulage truckRead 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