Toyota Motor company and Suzuki are taking their alliance to the next level. Toyota’s subsidiary Tsusho along with Maruti Suzuki is looking to introduce a new vehicle scrapping centre in India. The two have invested in this and will have a 50:50 equity share in the new company, Maruti Suzuki Toyotsu India Private Limited. The company will have its headquarters in Delhi. It’s first scrapyard will be set up in Noida, Uttar Pradesh. This plant is expected to be operational by 2020-21.
What’s with the Maruti Suzuki and Toyota dismantling plant?
This plant will be entrusted with procuring end of life or vehicles that are ready to be scrapped. The plant will also ensure that necessary formalities are completed and parts that can be recycled are separated.
The process will include complete solid and liquid waste management as per the Indian laws and globally approved quality and environment standards. Around 2,000 vehicles will initially be dismantled. Later on, more such facilities will be introduced in India. Procurement will be done by the company directly or through Maruti and Toyota dealerships.
At the occasion 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.”