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A year into vehicle scrappage policy, car junkyards see low scrap value

The policy is, however, clear. From April 1, 2022, all vehicles of government and public sector units older than 15 years cannot ply on the roads any longer

Vehicle scrapping policy will lead to 20 dismantling units in India
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Subhomoy Bhattacharjee New Delhi
On a windy day this January, the first car to be sent to a scrapyard, a Hindustan Ambassador no less, was sent from Niti Aayog. Since then, close to 10,000 automobiles have reached the scrap yard, located just outside Delhi’s municipal limits, in Greater Noida.

Yet, for about a month, the first car also remained the sole car to have been scrapped under India’s vehicle scrappage policy that became operational in April 2022. Just as mandarins from a generation ago had found it difficult to build up an automobile manufacturing industry, sending the products to their end of life scrap