The Scrappage Policy is a golden opportunity to reshape the future of India’s commercial vehicle industry, writes Satyakam Arya Managing Director & CEO, of Daimler India Commercial Vehicles. India is the world’s fifth-largest economy with a GDP of USD 3.89 trillion. S&P says we’re on track to become number three by 2030. The automotive industry is one of India’s largest[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…]
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