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24 Apr
19:33

India seen needing investment for vehicle scrappage policy

India’s proposed vehicle scrappage policy presents a big opportunity for scrap generation, but investment is required to improve the country’s scrapping infrastructure, according to India Ratings & Research (Ind-Ra). The policy proposes a ban on all commercial vehicles (CV) over 20 years old from April 2020 in order to reduce emissions from old polluting vehicles. The government is considering various options to encourage old CV users to purchase…
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