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Tata Motors to gain from scrappage push

contact@dailyupdatesindia.com2 hours ago01 mins

CHENNAI: With a network of 11 registered vehicle scrapping facilities (RVSFs) across 10 states, excluding the southern region, and the capacity to dismantle more than 1.9 lakh vehicles annually, Tata Motors stands to benefit from the Centre’s push to retire ageing commercial vehicles as India intensifies efforts to curb vehicular pollution.Last week, the Union cabinet…

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  • Business

Leyland: Need well-designed scrappage policy

contact@dailyupdatesindia.com5 months ago01 mins

NEW DELHI: India’s commercial vehicle industry needs a stronger and well-designed vehicle scrappage policy to accelerate the replacement of old trucks, cut pollution and lower logistics costs, Ashok Leyland MD and CEO Shenu Agarwal said, as the sector sees a sharp demand rebound after GST 2.0.According to Siam, commercial vehicle sales touched a record 10.3…

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