PM Modi to address investors meet in Gujarat tomorrow
The meet is being organized to invite investment for setting up vehicle scrapping infrastructure
Prime Minister Narendra Modi will address an Investor Summit in Gujarat tomorrow in a bid to promote the creation of vehicle scrapping infrastructure.
The 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 Prime Minister's Office (PMO) said.
It will also draw focus on the synergies presented by the ship breaking industry at Alang in Gujarat for development of an integrated scrapping hub.
The summit is being organized by the Ministry of Road Transport and Highways and Government of Gujarat.
It will be held in Gandhinagar, Gujarat and will see participation from potential investors, industry experts, and concerned central and state government ministries.
The Prime Minister will address the event via video conferencing.
Union Minister for Road Transport & Highways and Chief Minister of Gujarat will also be present.
The aim of the Vehicle Scrapping Policy is to create an eco-system for phasing out unfit and polluting vehicles in an environment friendly and safe manner.
The policy intends to create scrapping infrastructure in the form of Automated Testing Stations and Registered Vehicle Scrapping Facilities across the country.