Road Transport Ministry is mulling over additional benefits to promote scrapping of old and polluting vehicles
A vehicle owner can usually get scrap value of about 2-3% of vehicle price in the market and hence the incremental incentive from the policy appears m
The policy will likely increase India's automobile industry turnover to ₹10 lakh crore from the current ₹4.5 lakh crore and create as many as 35,0
ICRA estimates that the population of vehicles older than 15 years would be 1.1 million units by the financial year 2024, offering significant potenti
Vehicle scrappage policy will also lead to an increase in the country's automobile industry turnover to Rs 10 lakh crore from the current Rs 4.5 lakh
Gadkari said very soon the finer details of the policy will be unveiled by him and exuded confidence that the automobile industry will turn into one s