Tag: automobile scrap
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India: Number of registered vehicle scrapping facilities rise over 50% in last 6-7 months
Applications for new units increase rapidly 43 facilities currently operational Scrap generation from ELVs to reach over 5 mnt by FY’24-25 Morning Brief: The government launched the National Vehicle Scrappage Policy in August 2021, and it officially came into effect in August 2022. The policy is aimed at phasing out unfit, polluting vehicles, and promote…