Union Budget 2021 announces a Vehicle Scrapping Policy to Phase out Old Vehicles. Automated Vehicle Scrapping and Recycling Unit. Business Ideas and Opportunities for Entrepreneurs.
What is Auto Shredding?
Thescrapping of cars and large household equipment is a method where thecomponents fed into it are grinded to fist-size bits by a hammer mill. Acombination of ferrous material, non-ferrous metal (e.g. copper and aluminiumalloys), and shredding scrap, called vehicle shredder remnants of automotiveshredder residue, resulted in the shredding of vehicles (ASR). ASR is made upof glass, fabric, rubber, liquids for vehicles, plastics, and soil. Often ASRis divided into dust and shredder in small proportion. These leftover materialsare considered 'Car-fluff' occasionally.
Atsuch a time when different economies run solely on recycled car scrap, India, the’sgreatest economy, has consumed an excessive amount of time to enter the market.Not only is scrap production a big-buck making industry from car recycling, butit also coincides with the additional advantage of being environmentallysustainable by getting the old polluting cars off the roads. Nevertheless, ithas become evident, despite the odd regulation, that India is firmly interestedin making attempts to mitigate air pollution and preserve the environment.