Scrappage policy needs stronger incentives to boost fleet replacement: Ashok Leyland’s Agarwal
- Posted on January 22, 2026
- By Financial Express
- 2 Views
Scrappage policy needs stronger incentives to boost fleet replacement: Ashok Leyland’s Agarwal
Ministry of Road Transport and Highways (MoRTH) data shows that as of December 2025, approximately 3.94 lakh vehicles have been scrapped under India’s Vehicle Scrappage Policy (also known as the Voluntary Vehicle-Fleet Modernization Program or VVMP).
