Vehicle Scrapping policy has been saved
Vehicle Scrapping policy
An opportunity for Gujarat
Highlights of the vehicle scrapping policy
India, the world’s fifth-largest auto market and manufacturer of 26.36 million vehicles (during 2019-20), announced its vehicle scrapping policy in March 2021.
The policy aims to facilitate scrapping of those vehicles that have reached their end of life or are no longer usable due to accidents, fire, or other hazards, and in the process, create a formal industrial ecosystem for additional investments and employment.