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Maruti Suzuki Toyotsu India (MSTI), a joint venture (JV) between Maruti Suzuki India (MSIL) and Toyota Tsusho Corporation, has opened its first government-approved end-of-life vehicle (ELV) scrapping and recycling unit in Noida in Uttar Pradesh.
Built with an investment of Rs 44 crore, the 10,993-square metre facility, with a capacity to scrap and recycle over 24,000 ELVs annually, was inaugurated by Union Minister of Road Transport and Highways (MoRTH) Nitin Gadkari on Tuesday. It’s a step towards a circular economy, with the aim to promote organised, transparent, and environment-friendly dismantling of ELVs.
All equipment being used at the facility is manufactured in
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