New Delhi: Prime Minister Narendra Modi today addressed Investor Summit in Gujarat via video conference.
Summit is being organized to invite investment for setting up vehicle scrapping infrastructure under the Voluntary Vehicle-Fleet Modernization Program or the Vehicle Scrapping Policy.
The summit will also draw focus on the synergies presented by the ship breaking industry at Alang, for development of an integrated scrapping hub, an official release said.
Union Minister for Road Transport & Highways and Chief Minister of Gujarat were also present on the occasion.
“Our aim is to create a viable circular economy and bring value for all stakeholders while being environmentally responsible, ” said Prime Minister Narendra Modi in a series of tweets before the event.
Launch of Vehicle Scrappage Policy today is a significant milestone in India’s development journey.
Investor Summit in Gujarat for setting up vehicle scrapping infrastructure opens a new range of possibilities.
Vehicle scrapping will help phase out unfit and polluting vehicles in an environment friendly manner.
