Ashok Leyland CEO advocates hybrid

 

Article link: Ashok Leyland CEO advocates hybrid approach to vehicle scrappage policy

Extract from the article:

The Indian government is contemplating a hybrid approach to the scrappage policy, looking to revamp the way older vehicles are dealt with.

This new policy is anticipated to roll out in the near future, marking a shift from the existing regulations. The proposed changes are aimed at enhancing the effectiveness of scrapping older vehicles and aligning with current environmental and economic needs.

My Take:

Rename it - Vehicle Recycle Policy

In my blog dated 2018, I had discussed the importance of revisiting vehicle scrappage policies to boost automobile manufacturing and reduce prices significantly.

It is heartening to see that the Indian government is now moving towards mandatory scrapping of older vehicles, aligning with the vision I had shared years ago.

This shift not only addresses environmental concerns but also presents a strategic opportunity for India to emerge as a prominent hub for automobile manufacturing.

India to Become a Vehicle Scrapping Hub

Building on my previous blog post from 2023, the recent developments in the vehicle scrappage sector, as highlighted in the article, resonate with the vision of establishing India as a leading vehicle scrapping hub.

Nitin Gadkari's emphasis on developing scrapping centers in close proximity to city centers and creating employment opportunities aligns with the foresight I shared earlier.

The government's focus on scrapping old vehicles to stimulate a new industry and promote sustainable practices reflects a positive progression towards the goals set out in my prior blog.

Call to Action:

To the policymakers and stakeholders involved in shaping the scrappage policy, I urge you to continue fostering a conducive environment for the implementation of the hybrid approach.

It is essential to prioritize sustainability, job creation, and economic growth while revising existing regulations. Let's work together to ensure that the scrappage policy not only benefits the environment but also propels India towards becoming a distinguished player in the global automobile industry.

With regards, 

Hemen Parekh

www.My-Teacher.in