Scrapped cars a gold mine for India-Japan recycling venture - Nikkei Asia

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The country's Supreme Court announced a ruling in 2018 banning cars from operating on public roads in the capital, New Delhi, unless they meet clean air regulations, prompting state governments to work out detailed rules on their own.

Kaiho then introduced its own standards for assessing the condition of used parts and established an integrated system spanning everything from procuring and dismantling of used cars to the sale of parts.

It is thus essential to curb the city's air pollution, which comes mostly from vehicle exhaust.In fiscal 2021, 3.65 million passenger cars were produced in India, up 19% from the previous year, according to the Society of Indian Automobile Manufacturers.

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Article Details

Author / Journalist: Staff Writer

Category: InvestingFinanceAsia

Topics: Auto Country Vehicles Venture Indian Parts Cars Years India Abhishek Kaiho

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-23, 05:49:00

News Timezone: GMT +9:00

News Source URL: asia.nikkei.com

Language: English

Reading Time: 5 minutes read

Article Length: 871 words

Coverage Area: Japan

Availability: Desktop Web, Mobile Web

News ID: 5506

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