Prime Minister Narendra Modi will address Investor Summit meet in Gujarat at 11 am via video conferencing, The Prime Minister's Office (PMO) said.  The Summit is organized to attract investment for setting up vehicle scrapping infrastructure under the Voluntary Vehicle-Fleet Modernization Program or the Vehicle Scrapping Policy. The meet will also draw focus on the synergies presented by the ship-breaking industry at Alang, for the development of an integrated scrapping hub.

the Ministry of Road Transport and Highways and the Gujarat government is organisngf the summit, which will be held in Gandhinagar, Gujarat and will see participation from potential investors, industry experts, and central and state governments concerned. The Union Minister for Road Transport and Highways and Chief Minister of Gujarat will also be present on the occasion, the statement added.

The Vehicle Scrapping Policy is intended to create an eco-system for phasing out unfit and polluting vehicles in an environment friendly and safe manner, it said. The policy targets to create scrapping infrastructure in the form of automated testing stations and registered vehicle scrapping facilities across the country.

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