The environment ministry is likely to soon issue regulations that will mandate automakers to recycle a specified percentage of steel from old vehicles, starting from the next financial year, according to people familiar with the matter.
“We recently held a meeting with members of the Society of Indian Automobile Manufacturers (Siam). The final regulations are likely to be issued in the next 10 days,” a government source informed.
The move, according to government officials, is a step toward “formalising” vehicle scrapping in the country and make automakers “active stakeholders” in the broader policy against air pollution.
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