Representative image
Representative picture

New Delhi: Maruti Suzuki Toyotsu India (MSTI) on Tuesday commenced the operations of its ‘End-of-Daily life Vehicles’ (ELVs) scrapping and recycling device.

Notably, the facility was inaugurated by Union Minister of Street Transportation and Highways Nitin Gadkari on Tuesday.

The ten,993 sq. m. facility has a capacity to scrap and recycle about 24,000 ELVs annually.

It has been built with an financial commitment of about Rs forty four crore, the facility employs “present day and technologically sophisticated equipment to dismantle and scrap ELVs in a scientific manner”.

In addition to, aligning with the vision of ‘Atmanirbhar Bharat’, the business said that all the products currently being used at the facility is produced in India.

“I would request Maruti and other stakeholders to make and make an ecosystem of very similar scrapping and recycling units across the place. This would make the roads safer, air cleaner and the raw material more cost-effective for their automobiles,” Gadkari said.

At the inauguration, Kenichi Ayukawa, Chairman, MSTI and Handling Director & CEO, Maruti Suzuki India Minimal, said: “Until now there was no scientific, cleanse and nutritious way to dispose a car at its close-of-daily life. MSTI employs world wide procedure methodology to address this hole.”

“This is just the commencing. With our associates we are dedicated to set up additional these kinds of present day ELV scrap and recycle facilities in India.”

MSTI was set up in 2019 as a 50:50 joint undertaking among Maruti Suzuki India Minimal (MSIL) and Toyota Tsusho Team (Toyota Tsusho Corporation (TTC) & Toyota Tsusho India Non-public Minimal (TTIPL).

“The recent turnover of the automobile sector of the place is Rs seven.five lakh crore, out of which Rs 3 crore is export. My aim is to make the automobile industry to the quantity of Rs 15 lakh crore inside the upcoming 5 year, ” Gadkari said as he inaugurated Maruti Suzuki and Toyota Tsusho Group’s government-authorised scrapping in Greater Noida.