India’s vehicle scrappage plan unlikely to produce desired results, says GlobalData

India’s vehicle scrappage plan unlikely to produce desired results, says GlobalData
Following the news that India has issued draft guidelines for setting up authorized vehicle scrapping facilities across the country;Animesh Kumar, Director of Automotive Consulting at GlobalData, a leading research and consulting company, offers his view:“The draft guidelines released by the Ministry of Road Transport & Highways (MoRTH) will certainly be beneficial and  help in creating organized sector for vehicle scrapping. However, they are unlikely to produce the desired results. Broad...

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