Vehicle Scrapping Policy: Greaves Response

Nagesh Basavanhalli, Group CEO & MD, Greaves Cotton Limited:
“We welcome the announcement made by the Ministry of Road Transport and Highways on vehicle scrapping policy. This incentive-led announcement will lead to reduction in the pollution levels in the long run and boost the demand for new and environment-friendly vehicles especially in the personal mobility segment. The strong incentive scheme will motivate consumers towards sustainable mobility solutions that can help the government meet its set EV target by 2030. We are committed to play a significant role in the country’s EV growth and working closely with all partners to achieve the same.”