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Auto sector seeks scrappage policy
Industry players label policy imperative for growth of sector
KARACHI:
Following an official announcement in India about the new vehicle scrappage policy to tackle the issue of air pollution, Pakistan’s auto sector has also demanded an auto scrap policy.
Countries introduce the scrapping policy to decide the life of vehicles; how old vehicles should be to protect the environment and accelerate the auto market, said Pakistan Electric Vehicles Manufacturers Association (PEVMA) Chairman Sabir Shaikh while talking to
The Express Tribune.
The Indian automobile industry has been struggling with a severe sales slowdown since 2019 - and the pandemic brought it to a screeching halt, said The Pioneer (Lucknow, India) Executive Director News Biswajeet Banerjee in comments given to The Express Tribune.