A vehicle dismantling and recycling plant, Maruti Suzuki Toyotsu India Private Limited (MSTI), in Noida in the Indian state of Uttar Pradesh, is expected to start functioning in July.
MSTI is a joint venture of Maruti Suzuki and Toyota Tsusho Group (Toyota Tsusho Corporation and Toyota Tsusho India Private Limited).
According to media reports, the project, which was announced in 2019, suffered operational delays due to the pandemic.
Currently, trials are being conducted with old test vehicles of Maruti Suzuki India that have reached its end-of-life, according to sources.
Vehicles reaching this facility will be dismantled into parts like the engine, aluminium, plastics, copper and other scrap, which will be sold to scrap dealers.
The process at this plant will include complete solid and liquid waste management as per the Indian laws and globally approved quality and environment standards, the company said.
The owner of the scrapped vehicle will be given a certificate with details to help them avail all incentives on buying new cars — like 5pc rebate — according to the government’s Vehicle Scrappage Policy.
The unit will have an initial capacity of 2,000 vehicles per month, sourced either from dealers Or directly from vehicl owners.
Scrapping of government vehicles that are older than 15 years is likely to commence at this facility.