The environment ministry is likely to soon issue regulations that will mandate automakers to recycle a specified percentage of steel from old vehicles, starting from the next financial year, according to people familiar with the matter.'We recently held a meeting with members of the Society of Indian Automobile Manufacturers (Siam).'The final regulations are likely to be issued in the next 10 days,' a government source informed.
Deepak Patel is an Assistant Editor for Business Standard and Rediff.com India Ltd. He specializes in covering the national business and economic landscape of India. With his work featured in CNN-News18 and BBC Mundo, Deepak provides insightful analysis and reporting on a wide range of topics including automotive industry, aviation, job market, and scholarships.