The industry is laying the foundation for a robust scrappage ecosystem in line with the Voluntary Vehicle Fleet Modernisation program. Sumesh Soman visits the Maruti Suzuki Toyotsu ELV and scrappage unit to assess the on-ground capabilities. The ‘Voluntary Vehicle Fleet Modernisation’ program notified by the Government of India (GoI) is expected to generate an investment of over Rs.10,000 crore. Expected[Read More…]
Tata Motors signed a memorandum of understanding (MoU) as a part of the investment promotion activity with the government of Gujarat through the Ports and Transport Department to support setting up a Registered Vehicle Scrapping Facility (RVSF) in Ahmedabad for end-of-life passenger and commercial vehicles. The scrappage centre will have the capacity of recycling up to 36,000 vehicles a year.[Read More…]
Addressing a Rotary District Conference 2020-21 recently, union transport minister Nitin Gadkari expressed that a decision over flex-fuel to ten days. The Government, claimed a source, is considering making flex-fuel engines mandatory for the automobile industry. The move is expected to help farmers and boost the Indian economy. Made attractive by price, which is Rs.60-62 per liter for alternative ethanol[Read More…]
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