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

Products

06 Oct 2025

TOTO India Launches Premium G & L Showers with Sleek Faucet Range

TOTO India has launched its G Shower and L Shower series, alongside an expanded range of GT, LH, and Pull-Out lavatory faucets. The collection blends advanced technology, refined aesthetics, and everyday comfort, staying true to TOTO’s philosophy of creating spaces that are both beautiful and functional. The G Shower series delivers the 3Rs of showering: Relaxing, Refreshing, and Revitalizing. Features include the Calming Shawl spray mode, Warm Spa technology, and multiple overhead and hand-shower options across eight finishes. The L Shower complements this with easy-to-use controls sui..

Hero Future Energies Secures Funding for 120 MW Hybrid Project

Hero Future Energies (HFE), through its SPV Clean Renewable Energy Hybrid Three, has secured Rs 19.08 billion in funding from the State Bank of India (lead) and Canara Bank. The funds will be used to develop and construct HFE’s 120 MW renewable energy hybrid project at Kurnool, Andhra Pradesh. The project, contracted with SJVN, integrates wind, solar, and storage technologies to deliver reliable peak power. With a 21-year repayment period, the funding ensures timely execution and the commencement of commercial operations. The financial closure demonstrates continued lender confidence in..

IOC GPS Renewables Raises Rs 8.36 billion Debt for Compressed Biogas Plants

IOC GPS Renewables Private Limited (IGRPL), a joint venture between IndianOil Corporation and GPS Renewables, has raised Rs 8.36 billion (approx. US$ 95 million) in debt financing from Indian Bank to execute nine Compressed Biogas (CBG) projects across India. The funding is the largest single-bank debt raise in the CBG sector and the first fully non-recourse financing in India for these projects. The plants—four in Haryana, three in Uttar Pradesh, one each in Chhattisgarh and Andhra Pradesh—will each produce 15 tonnes of CBG per day using paddy straw as feedstock. All nin..