New Tata Motors CEO won’t join Co; Scrappage incentive scheme rolled out; No toll booths anywhere in 1 year
The government has clarified that there will be no toll booth anywhere in the country within the next one year. This does not mean that there won’t be any tolls. It simply means that the process of toll collection will be completely electronic and vehicles won’t have to stop in long queues to pay toll. More on this later in the copy but first let us see what made headlines in the automotive space this week.
Not everyone enthused by Scrappage incentive scheme
The long-delayed and much-awaited scrappage incentive scheme announced by the government on March 18 has been received with a mix of optimism and doubt by the automotive industry.
While industry bodies which have been lobbying for a faster implementation of the scheme