What does the scrappage policy mean for auto companies? Abhishek Gaoshinde explains

Abhishek Gaoshinde says India’s scrappage policy aims to transition from an unorganized to an organized system, providing incentives for replacing older vehicles with new ones to curb pollution and foster a recycled economy. The policy remains voluntary, with its success contingent upon the value perceived by vehicle owners opting for the scheme.

More To Explore

Asian markets edge higher after Wall Street rally

Asian stocks experienced a slight increase following Wall Street’s record-breaking rally, fueled by renewed optimism in big tech, particularly Nvidia’s investment in OpenAI. While US