NEWS

Scrappage policy may boost M&HCV sales by 60 pct over…

The already buoyant commercial vehicle (CV) sales could get a big leg-up with the government’s move to phase out vehicles more than 15 years old.     The already buoyant commercial vehicle (CV) sales could get a big leg-up with…

Vehicle scrap policy gets go ahead at PMO meet; over…

NEW DELHI: In a move that would take lakhs of polluting commercial vehicles off road, the government may fix 20 years as the lifetime for commercial vehicles. The vehicle scrapping policy will come into force from 2020, a top government…

Give that old automobile a break!

Auto waste could prove to be a serious threat if an end-of-life legislation for vehicles is not enacted urgently in the country, writeSalmanul Farisy and Preeti Mehra   Pudupet in Chennai and Mayapuri in Delhi have a lot in common.…

Vehicle scrapping policy get finance ministry’s nod, GST council next…

After vehicle scrapping policy was approved by the finance ministry, it will now go in the GST Council for fixing concessions by the states and the centre. The finance ministry has approved the much-awaited policy to scrap vehicles that are…

Govt to invest Rs 500 cr in setting up five…

Stressing that all the scrap will be reused to make steel, Steel Secretary Aruna Sharma said that by 2030 around 30-40 million tonnes of steel would be made from scrap The government is planning to set up five scrap-based steel…

Mahindra-MSTC vehicle recycling plant project worth Rs 120 crore to…

The Centre is yet to come out with a clear-cut vehicle scrapping policy.The guidelines are in place for recycling but without the policy there would be no compulsion on the vehicle owner to send the car for dismantling.   Mahindra…

MSTC-Mahindra auto-shredding project likely in February 2018

Mahindra MSTC Recycling, the country’s first auto-shredding project, is on track and the first phase of the plant is likely to be complete in February next year. Mahindra MSTC Recycling, the joint venture between state-run metal scrap trading firm MSTC…