
India's new vehicle scrapping policy and drop in customs duties on end-of-life materials
India has recently approved the new vehicle scrapping and recycling policy. The new policy will serve to take old, polluting vehicles off the road and also improve sales of new vehicles that are much less polluting and come equipped with improved safety features. The move will undoubtedly lead to the increase in end-of-life tire available on the market and may affect capacities of established tire recycling operators in India.