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Auto Scrappage for India

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TPO Protocol
India faces a huge air pollution challenge, and hopes an auto scrappage scheme will help – tyre scrappage may follow

India Announces Vehicle Scrappage

India has announced an vehicle scrappage scheme as part of its 2021 Budget. This will see cars over 20 years having to be tested to meet emissions and other standards. This will be accompanied by a scrappage scheme.

The scrappage scheme has been largely welcomed by a depressed automotive sector in India, which sees the tests and scrappage as a driver to new car sales.

Vinay Raghunath, partner and automotive sector leader, EY India said: �...

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