A vehicle scrapping facility was started in Noida today, partnered by The Maruti Suzuki and Toyota Tsusho Group. The joint venture aims to promote transparent, organized and eco-friendly dismantling of end-of-life vehicles (ELVs). The facility has an area of 10,993 sq metre and is equipped to scrap and recycle over 24,000 ELVs per year. About ₹44 crores have been invested for the project and it functions on technologically advanced and modern machines to break down and scrape ELVs in a scientific way.
The venture is called Maruti Suzuki Toyotsu India Private Limited (MSTI) and several other modern scrap units are underway. The inauguration of the ELV recycling and scrapping unit was done by Union Minister of Road Transport and Highways, Nitin Gadkari. The Ministry of Road Transport and Highways also launched the visionary National Automobile Scrappage Policy which aims to create an environment for phasing out polluting vehicles from the Indian transportation system. To meet the objective, efficient recycling and scrapping units are essential.
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