Govt makes new announcements on vehicle scrappage policy

19 Mar 2021 CW Staff

The Road Transport, Highways and MSMEs Minister, Nitin Gadkari today unveiled the vehicle scrappage policy in Lok Sabha this week.

Registration and fitness tests related details include:

- Criteria to determine vehicle fitness will primarily be emission tests, braking, safety equipment, among many other tests which are as per the Central Motor Vehicle Rules, 1989.
- Rules for fitness tests and scrapping centres to be applicable from 1 October 2021, while scrapping of government and PSU vehicles which are older than 15 years to come into effect from 1 April 2022.
- The mandatory fitness testing for heavy commercial vehicles to be in force from 1 April 2023 and the same will be in place in a phased manner for other categories from 1 June 2024.
- Increased fees for fitness certificate and test to be applicable for commercial vehicles 15 years onwards from the date of initial registration and in case of failure to get the fitness certificate, such vehicles to be de-registered.
- Increased re-registration fees to be applicable for private vehicles 15 year onwards from the date of initial registration. Such vehicles to be de-registered after 20 years if found unfit or in case of a failure to renew the registration certificate.
- A vehicle failing the fitness test or failing to get a renewal of its registration certificate to be declared as ‘End of Life Vehicle’.

For more details of vehicle scrappage policy, click here.

Real Estate

05 Aug 2026

CREDAI-MCHI to Host 10th Design & Construction Conference

CREDAI-MCHI will host the 10th anniversary edition of its Design & Construction Conference on August 19, 2026, at the Jio World Convention Centre in Mumbai.The event is expected to bring together more than 500 procurement leaders, construction heads, architects, consultants and senior real estate decision-makers, alongside over 50 construction and ancillary brands.The conference will feature product launches, technology showcases, knowledge sessions, strategic business-to-business networking and recognition of procurement professionals contributing to the transformation of the construction..

BorgWarner Wins Extension for High-Voltage Inverter Programmes

BorgWarner has secured a major extension of several high-volume high-voltage inverter programmes from a leading European automotive manufacturer.The contracts cover updated inverter designs for plug-in hybrid and 800V battery-electric vehicle applications. Production is scheduled to begin in 2029.Isabelle McKenzie, President and General Manager, BorgWarner PowerDrive Systems, said the programme extensions demonstrate the company’s position in power electronics and reflect the strength of its technology, in-house expertise and customer relationships.For plug-in hybrid vehicles, BorgWarner wil..

Castrol India Q2 Profit Rises 43% to Rs 3.48 bn

Castrol India reported a 43 per cent year-on-year increase in profit after tax to Rs 3.48 billion for the quarter ended June 30, 2026, supported by growth across its consumer, industrial and institutional businesses.Revenue from operations increased 25 per cent to Rs 18.71 billion during the second quarter of 2026, compared with Rs 14.97 billion in the corresponding period of 2025. EBITDA rose 41 per cent to Rs 4.94 billion from Rs 3.50 billion.Sequentially, revenue increased from Rs 15.45 billion in the first quarter of 2026, while EBITDA rose from Rs 3.29 billion. Profit after tax increased ..