16052023 Editorials, CAR SCRAPPING 1:
- How can Founders enter this domain
- How big is the market
- Where to innovate
- IS this a long-standing demand
- What is meant by Car Scrapping
The demand for Car scraping is becoming a big domain where enthusiastic STARTUPs could innovate. This is a capital-intensive industry and needs young founders to harness the opportunity for creating a better environment. It is a win-win situation to all if founders could come up with economic models.
The government is emphasising Car Scrapping for better dynamics of the industry. This leads to huge amounts of innovations and our founders will definitely smell the abundant challenges in this sector that need to be innovated. ‘There are several ways in which STARTUPS can innovate in the car scrapping domain:
Developing new scrapping technologies: STARTUPS can research and develop new scrapping technologies that can improve the efficiency and safety of the scrapping process. For example, they can explore the use of robotics or automation in the scrapping process to reduce the need for manual labour and increase efficiency.
Introducing eco-friendly disposal methods: STARTUPS can develop new methods of disposing of the waste generated during the scrapping process. For instance, they can explore the use of biodegradable materials or develop innovative ways to recycle or reuse waste products.
Try Creating a marketplace for recycled auto parts: STARTUPS can create an online marketplace for recycled auto parts, allowing vehicle owners to purchase used or recycled parts for their cars at an affordable price. This can help reduce the demand for new parts and promote sustainable practices.
Offering mobile scrapping services: STARTUPS can offer mobile scrapping services, providing convenience to vehicle owners who cannot transport their cars to a scrapping centre. This can be especially useful for remote or rural areas where scrapping centres are not easily accessible.
Implementing BLOCKCHAIN technology: STARTUPS can implement BLOCKCHAIN technology to create a transparent and secure system for tracking the scrapping process. This can help build trust among vehicle owners and promote responsible and ethical scrapping practices.
These are just a few examples of how STARTUPS can innovate in the car scrapping domain. By exploring new technologies and practices, STARTUPS can help promote sustainable and responsible scrapping practices while creating new business opportunities.’
The list of authorized scrapping centres can be found on the website of the Ministry of Road Transport and Highways. It is important to note that the process may vary slightly depending on the specific requirements of the scrapping centre and the state in which the vehicle is registered.’ Refer https://vscrap.parivahan.gov.in/vehiclescrap/vahan/welcome.xhtml for more details.
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