Home NewsAuto vehicle scrappage policy: How old parts can make money out of clunkers, and why it’s a big miss in vehicle scrappage policy

vehicle scrappage policy: How old parts can make money out of clunkers, and why it’s a big miss in vehicle scrappage policy

by Marjorie

A person stands in entrance of scrapped automobiles underneath the sky stroll at Bandra East in Mumbai, India on 24 February 2019.

Synopsis

Remanufacturing of components taken from scrapped automobiles may help automakers minimize prices and decrease carbon footprint. However there must be pointers on high quality requirements and certification. The present coverage doesn’t transcend car scrapping. India can be taught from the developed international locations and go for technical collaborations needed for gradual incorporation of reused components and recycled supplies in auto manufacturing.

It was touted because the Indian model of ‘cash-for-clunkers’.As street transport and highways minister Nitin Gadkari spelt out particulars of the much-awaited car scrappage coverage within the Lok Sabha in March, the purpose was to attain two objectives — fortify vehicle manufacturing and decrease carbon emissions. However the coverage doesn’t transcend car scrapping. There aren’t any initiatives on how outdated components might be reused. There is no such thing as a point out of

  • GIFT ARTICLE
  • FONT SIZE
  • SAVE
  • PRINT
  • COMMENT

Check in to learn the total article

You’ve bought this Prime Story as a Free Present

Already a Member?

September Particular Supply

Get Flat 20% Off

ON ET PRIME MEMBERSHIP

Get Supply

Why ?

  • Unique Financial Instances Tales, Editorials & Professional opinion throughout 20+ sectors

  • Inventory evaluation. Market Analysis. Business Tendencies on 4000+ Shares

  • Clear expertise with
    Minimal Advertisements

  • Remark & Have interaction with ET Prime group

  • Unique invitations to Digital Occasions with Business Leaders

  • A trusted staff of Journalists & Analysts who can greatest filter sign from noise

Source link

Denial of responsibility! This post is auto generated. In each article, the hyperlink to the primary source is specified. All Materials and trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your articles, please contact us by email – [email protected]. The content will be deleted within 8 hours. (maybe within Minutes)

Related Articles

close