Comments
Auto recycling is increasingly used to curb pollution .
Scrappage reduces accident rates by keeping out-of-order vehicles from roads .
India offers up to 25 per cent rebate on road tax and 5 per cent discount on new vehicles against a scrapping certificate.
Each year, over 25 million tonnes of material is recovered from old vehicles.
In the US , the auto recycling industry employs 100,000 people and earns around $25 billion a year.
Most auto recyclers are small businesses, employing about 10 people, and sell auto parts priced 20-80 per cent less than new ones. Nearly 99 per cent of car batteries and tyres can be recycled .
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.