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Vehicle recycling centers await clarity on scrappage policy
By 2025, the number of end-of-life vehicles (ELVs) is expected to increase by a whopping 250 percent and is touted to be over 21.8 million from 8.7 million ELVs that were reported in 2015. Despite a constant rise in these numbers, India, currently lacks presence of formal vehicle recycling centers, and continues to be completely dependent on smaller, semi-formal units that are known to deploy unhealthy methods of dismantling and recycling of vehicles. As the number of ELVs is expected to incr...
Incentive-based policy will only create demand in the short term: CAPT NS Mohan Ram
In our previous article, Vehicle recycling centres await clarity on scrappage policy, TURN OF SPEED provided an in-depth analysis of India’s existing vehicle recycling infrastructure and the need to implement the scrappage policy owing to the growing number of end-of-life (ELVs). In this interview, Captain NS Mohan Ram (Retd), former President, TVS Motor Company who authored Recycling End of Life Vehicles - With special focus on India and Developing Na...
