Source : PTI | The Indian arm of German commercial vehicle maker Daimler Truck AG on Wednesday said it has signed an initial pact with the Central government to offer an eight per cent discount on the ex-showroom price of eligible BharatBenz trucks and buses to replace old commercial vehicles in the Delhi-NCR region.
Through BharatBenz’s range of BS-VI commercial vehicles, Daimler India Commercial Vehicles (DICV) looks forward to helping customers upgrade their fleets, according to the company’s President and Chief Business Officer Rajiv Chaturvedi.
“The Government of India’s vehicle replacement scheme is a significant step towards accelerating fleet modernisation and reducing vehicular emissions in the Delhi-NCR region. We are pleased to support this scheme and contribute to the transition towards cleaner, safer, and more efficient transportation,” said Rajiv Chaturvedi, President & Chief Business Officer, Daimler India Commercial Vehicles (DICV).
Earlier this month, the Union Cabinet approved a ₹9,585-crore two-year scheme that seeks to incentivise trucks and buses registered in the Delhi-NCR region that comply with BS-IV or earlier emission norms to replace them with BS-VI or stricter emission-compliant vehicles or electric vehicles.
The scheme aims to accelerate fleet modernisation, reduce vehicular emissions, and promote the adoption of cleaner commercial vehicles across the National Capital Region (NCR).
Approximately 2.07 lakh commercial vehicles, including around 1.91 lakh trucks and over 16,329 buses registered in the Delhi-NCR, are expected to be replaced under the scheme.
The scheme is funded through the National Capital Region Planning Board (NCRPB) under the Ministry of Housing and Urban Affairs (MoHUA) and implemented by the Ministry of Road Transport and Highways (MoRTH) and the Ministry of Petroleum and Natural Gas (MoPNG).
Eligible vehicle owners can replace their existing vehicles with BS-VI-compliant trucks and buses, cleaner fuel variants, or electric vehicles, subject to the provisions of the scheme, DICV said.
In addition to OEM discounts, beneficiaries will also be eligible for various incentives announced by the Central and state governments, including interest subvention on vehicle loans, fuel vouchers, registration fee waivers, and motor vehicle tax concessions, it said.
