New MoU Signed to Boost Vehicle Replacement in Delhi-NCR
The Ministry of Road Transport and Highways has signed a Memorandum of Understanding with Volvo Eicher Commercial Vehicles, Force Motors, and Pinnacle Mobility Solutions under the Government of India scheme. This initiative aims to incentivize the replacement of old trucks and buses in Delhi-NCR, offering an 8% discount on new vehicles. Additional benefits include interest subvention and tax concessions.
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