Author: Nishtha Mukherjee
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India’s vehicle scrappage policy: Where are the opportunities?
India’s vehicle scrappage policy will offer enormous scope to steel industry players, medium small and micro enterprises and entrepeneurs to set up dismantling centres. A vehicle’s life spans 14-17 years with an active life (used actively with original parts) of 5-6 years, a passive period (used by replacing spares): of 7-8 years and finally the…