Tata Motors signs MoU with Gujarat to set up vehicle scrapping unit

16 Aug 2021 CW Team

As a part of the Investment Promotion Activity, Tata Motors signed a Memorandum of Understanding (MoU) with the government of Gujarat to set up a Registered Vehicle Scrapping Facility (RVSF) in Ahmedabad for passengers and commercial vehicles.

The scrapping unit would be able to recycle up to 36,000 vehicles every year. It will be compliant with the latest scrappage policy of the Ministry of Road Transport and Highways (MoRTH) and vehicle dismantling policy of the Automotive Research Association of India (ARAI) and Central Pollution Control Board.

It was signed at the Investors Summit in Gandhinagar in the presence of the MoRTH, Nitin Gadkari, Chief Minister of Gujarat, Vijay Rupani, and other government officials of Gujarat and the Government of India.

According to the rules of the Gujarat government and the draft vehicle scrappage policy released by MoRTH, the Ports and Transport Department will help in facilitating the necessary approvals for setting up RVSF.

It will address the intent of all the stakeholders with the benefits, including low import bill for scrape and crude oil, employment opportunities for Micro, Small, and Medium Enterprises (MSMEs), possibility of upside in the sale of new vehicles for Original Equipment Manufacturers (OEMs), low-cost operation for vehicle owners, safe and clean vehicles for buyers, and sustainable environment.

Executive and Director of Tata Motors, Girish Wagh, said that the scrapping unit is a historic step for Tata Motors in the vehicle scrapping space. It will provide appropriate scrapping of end-of-life vehicles, which have sustainable benefits for the ecosystem stakeholders. The policy by MoRTH will promote safer and cleaner vehicles, which is a crucial step for economic growth.

Image Source

Also read: Tata Motors simultaneously inaugurates eight new showrooms in Ahmedabad

Real Estate

04 Aug 2026

LML Realty Launches Cinema Campaign on Industrial Vision

LML Realty has launched a cinema advertising campaign in partnership with PVR INOX across 81 screens in Gurugram and Faridabad, showcasing the brand’s transformation from a mobility icon to an industrial infrastructure developer.The campaign features a cinematic brand film tracing LML’s journey since 1972, beginning with its iconic scooters and highlighting its evolution into creating infrastructure solutions that support India’s manufacturing growth.The film focuses on LML Industrial Park at Jhirka Valley, the company’s flagship industrial development approved under the Haryana Govern..

IIM Ahmedabad Publishes Case Study on HoABL’s Business Model

The Indian Institute of Management Ahmedabad (IIMA) has published a case study on The House of Abhinandan Lodha (HoABL), examining the company’s digital-first consumer journey and business model that created India’s branded land category.Titled “HoABL: Ready for Scaling Up”, the case study has been published by the IIMA Case Centre and co-authored by Sourav Borah, Associate Professor of Marketing at IIMA, and Dr Aparna Kansal of IMT Ghaziabad. IIMA case studies are used across management and executive education programmes to help students and business leaders analyse strategic decision..

Advait Energy and MEIL Partner for Energy Transition Projects

Advait Energy Transitions Limited (AETL) and Manipal Energy Infratech Limited (MEIL), a company of The Manipal Group, have entered into a strategic Memorandum of Understanding (MoU) to collaborate on power and energy transition opportunities across India and international markets.The partnership aims to combine AETL’s expertise in innovative energy technologies and manufacturing with MEIL’s EPC execution capabilities and project management experience. The collaboration will focus on opportunities across Power Transmission & Distribution, Renewable Energy, Battery Energy Storage Systems..