![Tough ride ahead for new scrappage policy](https://images.assettype.com/fortuneindia%2F2021-08%2F0906237d-adbc-4572-ae41-ab49d65d9832%2FCFB344_copy.jpg?rect=0,103,3000,1500&w=300&q=95)
Tough ride ahead for new scrappage policy
Component makers to face a bumpy ride as price-sensitive market acts as deterrent.
Component makers to face a bumpy ride as price-sensitive market acts as deterrent.
But since it is voluntary in nature, it will require strong enforcement from state governments to ensure that its objectives are met.