SCRAPPAGE POLICY ON VINTAGE VEHICLES UPDATED IN INDIA

HIGHLIGHTS

• Scrappage policy on vintage vehicles has been updated in India.
• New policy does not clarify on age of a vehicle on when it can be considered to be a vintage car or bike.
• The statement covers only vintage bikes and cars.
• The future of Maruti 800, Van, Royal Enfield Bullet, Jawas, and Yezdi is unclear.

The upcoming Vehicle Scrappage policy has is lik....