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regular-article-logo Wednesday, 01 May 2024

Circular economy drive: Gadkari calls on automotive dealers to embrace vehicle scrapping

Auto dealers will play an important role in making India a USD 5 trillion economy: Union Road Transport and Highways Minister

PTI New Delhi Published 14.09.23, 02:10 PM
Nitin Gadkari

Nitin Gadkari File Picture

New Delhi, Sep 14 (PTI) Union Road Transport and Highways Minister Nitin Gadkari on Thursday said dealers of automobiles should also open vehicle scrapping facilities.

Addressing the fifth Auto Retail Conclave, Gadkari said the government is encouraging a circular economy, and accordingly the government will give permission to dealers to start vehicle scrapping facilities.

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He also noted that India is encouraging use of alternate fuel and biofuel and pointed out that the government is working to make India the largest manufacturer of green hydrogen.

The minister pointed out that India is the fastest growing major economy in the world and auto dealers will play an important role in making India a USD 5 trillion economy.

India is the fourth largest manufacturer of passenger vehicles and the sixth largest manufacturer of commercial vehicles, he said.

Gadkari said his dream is to make India the top automobile hub in the world In August 2021, Prime Minister Narendra Modi had launched the National Vehicle Scrappage Policy and had said that it will help phase out unfit and polluting vehicles and also promote a circular economy.

Except for the headline, this story has not been edited by The Telegraph Online staff and has been published from a syndicated feed.

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