Car Makers set up Vehicle Dismantling and Recycling unit in India

Now India biggest car maker Maruti Suzuki will set up Vehicle Dismantling and Recycling unit.

As per the latest news Maruti Suzuki is planing to make a set up for the dismantling and recycling  unit with one of other big company of Japan name TTC (Toyota Tsusho Group ).

The name of new JV will be Maruti Suzuki Toyotsu India Private Limited.
New Company Name :- Maruti Suzuki Toyotsu India Private LimitedLocation :- Noida , Uttar Pradesh 
Number of Employes :- 50Established :- Oct'19. 

As per the information  Maruti Suzuki India Limited (MSIL) and Toyota Tsusho Group (Toyota Tsusho Corporation (TTC) and Toyota Tsusho India Private Limited (TTIPL)) with each owning a 50% equity set up Vehicle dismantling unit in Uttar Pradesh  by the end of Year 2021.  

Maruti-Suzuki-Toyota-Tsusho-To-Set-Up-Vehicle-Dismantling-Recycling-Unit

As per company JV monthly capacity for dismantling will be 2000 nos. per month by directly buying old vehicle from customer or Dealers both. 

MSTI is the responsible to procure the end life vehicle. Both Solid and liquid waste management is done as per Indian law of standards. 

This is very good information that till now there is no proper facility available in India to vehicle dismantle and recycling. this is first time such action take by any car maker. 

Announcing the initiative Mr. Kenichi Ayukawa, Managing Director & CEO, Maruti Suzuki India Limited, said, “Maruti Suzuki strongly believes in responsible recycling of vehicles after end of its useful life. Through this Joint Venture, MSTI, we aim to promote recycling and support in resource optimization and conservation while using environment friendly systems and processes. Scrapping of older vehicles in a scientific and environment friendly manner will help to reduce pollution and also make the roads safer.

At the occasion Mr. Naoji Saito, CEO (Metal Division), Toyota Tsusho Corporation said, “Toyota Tsusho has started ELV recycling since 1970`s in Japan. We believe that we will be able to contribute to Indian society through our knowledge and experience for ELV business. The first vehicle dismantling and recycling unit of MSTI is just the initial step and we are eager to expand to pan-India base with Maruti Suzuki.”

About Maruti Suzuki India Limited:

Maruti Suzuki India Limited, a subsidiary of Suzuki Motor Corporation (SMC), Japan is a leading passenger vehicle maker in India. In terms of production volume and sales, the Company is now SMC's largest subsidiary. SMC currently holds 56.21% of its equity stake. It is a public limited company and its shares are traded at the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). The Company has two state-of-the-art manufacturing facilities located in Gurugram and Manesar in Haryana, with a combined annual production capacity of ~1.58 million units per annum. Highly efficient lean manufacturing processes together with a skilled and motivated workforce leads to the manufacture of reliable and quality products. Suzuki Motor Gujarat Private Limited (SMG), a subsidiary of SMC, was set up in Hansalpur, Gujarat to cater to the increasing market demand for the Company's products. Through this new facility, an additional annual production capacity of 0.5 million units has been made available, thereby taking the combined production capacity to over two million vehicles. It offers a wide range of cars across different segments. The portfolio includes 16 brands and over 150 variants. The Company is committed towards sustainable use of natural resources, reducing the impact of its business operations and products on the environment. For this the Company has taken several initiatives e.g. focus on reducing the use of raw material, nearly eliminating use of ground water, harnessing solar power for vehicle manufacturing, introduction of alternate fuel vehicles (CNG) and smart hybrid vehicles. The Company does not use Substance of Concern (SoC) in its products and since 2018-19 it has adopted the globally acclaimed International Material Data Systems (IMDS). Maruti Suzuki also became the first company to introduce a range of BS6 compliant vehicles, ahead of the government stipulated deadline.

About the Toyota Tsusho Group:

Toyota Tsusho has long development its business with functions tailored to customers’ needs and with original added value by leveraging its general trading and project management company functions, such as information collection and the logistics and financial functions necessary to import / export and broker domestic business transactions. We are also engaged in the development and investment business, working with partners all over the world to accelerate investment in fields in which future growth is expected.