SIAM Welcomes Guidelines For Setting-Up Authorised Vehicle Scrapping Facility
Society of Indian Automobile Manufacturers (SIAM) welcomed the Draft Guidelines released by the Ministry of Road Transport & Highways (MoRTH) for setting-up of Authorised Vehicle Scrapping Facility (AVSF) in the country.
Rajan Wadhera, President, SIAM said, “The automobile industry wholeheartedly supports the Vehicle Scrappage initiative of Government of India. The Draft Guidelines will help in establishing organized 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 government will not only help in removing old and polluting vehicles from roads but will also increase the demand for new vehicles having better emission technology, meeting superior safety standards and at the same time lead to savings of the fuel, foreign exchange, raw material, etc.”
The automobile industry keenly awaits an incentive-based Vehicle Scrappage Policy also from the government, which will help fleet modernization on a regular basis.
