The Scrappage Policy announcement is in-line with the government vision to make scrap recycling an organised sector. Ministry of Mines has recently issued National Non-Ferrous Metal Scrap Recycling Framework, 2020 covering key non-ferrous metals like Aluminium, Copper, Zinc and Lead. The framework has been released with an objective to promote formal and well-organised recycling ecosystem, quite similar to the Scrappage Policy.

The company has taken all the necessary measures to support the government.

According to an India Ratings report, the vehicle scrappage policy would improve demand for used CVs but not contribute meaningfully to revive demand for new CVs in the short term.

The vehicle scrappage policy would improve demand for used CVs but not contribute meaningfully to revive demand for new CVs in the short term, says India Ratings.

TC/American Crane Company has announced that they are now a member of the Crane Manufacturers Association of America (CMAA) after a rigorous approval process. By joining a reputed association such CMAA, TC/American is now part of an elite organisation of crane builders in the USA, as CMAA member companies comprise of the most innovative crane builders in the industry.

Zero tailpipe emission is on a fast track for urban public transport. The auto industry is gearing up to meet the accelerated emission compliance challenges posed by the government. Even the refineries have to deliver BS-VI compliant fuel to enable implementation.

Almost all of the 400 employees of General Motors in India, who were offered a voluntary separation scheme (VSS), have accepted the deal, according to the company.

After nearly two years of announcing closure of its Halol facility near Vadodara, the American automobile giant General Motors will down its shutters at one of its oldest facilities in India.

A concept note on vehicle scrapping policy has been sent to the Committee of Secretaries (CoS) for consideration and approval, government said. In the first phase, the policy aims at scrapping commercial vehicles which have completed 15 years.