Mumbai, Oct. 18 -- Society of Indian Automobile Manufacturers (SIAM) has welcomed the Draft Guidelines released by the Ministry of Road Transport & Highways (MoRTH) for setting-up of Authorised Vehicle Scrapping Facility (AVSF) in India.
"The automobile industry wholeheartedly supports the Vehicle Scrappage initiative of Government of India. The Draft Guidelines will help in establishing organised vehicle scrapping facilities in the country and will lead to an increase in the latent demand for end-of-life vehicles available for scrapping. Such facilities will operate in an environmentally friendly manner having the essential infrastructure and necessary compliances/approvals from government departments. Vehicle Scrappage initiative of the ...