The partnership will provide Eicher customers with structured vehicle scrapping, documentation, depollution, dismantling and material recovery services.
Key points
- Eicher Partners With Rosmerta Auto Recycling
- Scrapping Process and Documentation
- Benefits Under the Vehicle Scrappage Policy
- Focus on End-of-Life Commercial Vehicles
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Eicher Trucks and Buses, a business unit of VE Commercial Vehicles (VECV), has partnered with Rosmerta Auto Recycling Pvt. Ltd. to support the authorised scrapping and recycling of end-of-life commercial vehicles in the National Capital Region (NCR).
The partnership will give Eicher dealers and customers access to a structured vehicle scrapping process through Rosmerta Auto Recycling, a Registered Vehicle Scrapping Facility (RVSF).
Eicher Partners With Rosmerta Auto Recycling
Table of Contents
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1. Eicher Partners With Rosmerta Auto Recycling |
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2. Scrapping Process and Documentation |
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3. Benefits Under the Vehicle Scrappage Policy |
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4. Focus on End-of-Life Commercial Vehicles |
Under the partnership, Rosmerta Auto Recycling will help Eicher customers complete the scrapping process through an authorised facility. The initiative is focused on the retirement of ageing commercial vehicles and the recovery of useful materials from end-of-life vehicles.
The formal vehicle scrappage ecosystem in India is also expanding. According to the companies, more than 4.3 lakh vehicles have been scrapped through Registered Vehicle Scrapping Facilities.
For owners of Eicher trucks, the partnership provides access to an organised process for retiring old commercial vehicles through an authorised recycling facility.
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Scrapping Process and Documentation
Rosmerta Auto Recycling will support vehicle owners with registration and documentation under the PARIVARTAN scheme. The process will also include the generation of digital Certificates of Deposit (CoDs) through the RVSF ecosystem.
Other activities include vehicle depollution, dismantling and documentation required under applicable regulations. The partnership will also cover the generation and transfer of Extended Producer Responsibility (EPR) credits from compliant ELV recycling, where applicable.
Materials such as steel, aluminium and other automotive components can be recovered and processed for reuse and recycling.
Benefits Under the Vehicle Scrappage Policy
The Vehicle Scrappage Policy provides a framework for Registered Vehicle Scrapping Facilities and Certificates of Deposit. The aim is to encourage vehicle owners to retire old vehicles through authorised channels.
According to the company, under the PARIVARTAN scheme for the NCT region, transport vehicles purchased against a Certificate of Deposit are eligible for a 100% waiver of road tax or motor vehicle tax for 10 years. The scheme also provides loan interest subvention of up to 5% of the interest payable on the replacement vehicle, as stated by the company.
The initiative covers both Eicher Buses and commercial vehicles, giving customers a structured route for vehicle scrapping.
Focus on End-of-Life Commercial Vehicles
Kartick V. Nagpal, president of Rosmerta Group, said the partnership is intended to increase the adoption of authorised vehicle scrapping among commercial vehicle owners in NCR.
S.S. Gill, chief commercial officer of VE Commercial Vehicles, said the initiative will provide Eicher customers with access to a structured scrapping process as they consider vehicle productivity, operating costs, safety and lifecycle costs.
The companies said the partnership will help move end-of-life commercial vehicles through authorised recycling facilities, where vehicles can be depolluted and dismantled and materials can be recovered for reuse and recycling.
For operators replacing old trucks and buses, the initiative provides an authorised channel for the scrapping and recycling of end-of-life commercial vehicles.
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Frequently Asked Questions
1. Who has Eicher Trucks and Buses partnered with for ELV scrapping?
Ans. Eicher Trucks and Buses has partnered with Rosmerta Auto Recycling Pvt. Ltd. for authorised ELV scrapping and recycling in NCR.
2. What services will Rosmerta provide?
Ans. Rosmerta will support registration, documentation, digital Certificates of Deposit, vehicle depollution, dismantling and applicable regulatory documentation.
3. What is the PARIVARTAN scheme?
Ans. It is a scheme for the NCT region linked to vehicle scrapping and replacement vehicles purchased against a Certificate of Deposit.
4. How many vehicles have been scrapped through RVSFs?
Ans. According to the companies, more than 4.3 lakh vehicles have been scrapped through Registered Vehicle Scrapping Facilities.