INDUSTRY SPOTLIGHT

Composition of an Automobile

UNDERSTANDING THE INDIAN CONTEXT

India’s auto recycling ecosystem is in its infancy and dominated by the unorganised sector

Unorganised market with primitive technology

  • Limited recycling without environment friendly equipment, storage or processes
  • Low scrap recovery and efficiency

Lack of regulations & awareness

  • No policy around Extended Producer Responsibility
  • Complicated vehicle de-registration process
  • Large number of ELVs still in use due to no fitness test requirement for passenger vehicles and manual test requirement for commercial vehicles

AVERAGE AGE OF A CAR

PROCESS OF AUTOMOTIVE RECYCLING

NEED AND RELEVANCE IN INDIAN CONTEXT

REDUCTION IN CO2 EMISSIONS IN INDIA

ABOUT MAHINDRA MSTC RECYCLING PRIVATE LIMITED (MMRPL)

  • MMRPL is a 50-50 joint-venture between Mahindra Accelo and MSTC Ltd., a Government of India organisation under the Ministry of Steel
  • MMRPL makes its debut in the vehicle recycling industry with the launch of its ‘Cero’ brand
  • MMRPL is setting up India’s first organised auto shredding and vehicle recycling infrastructure
  • The first dismantling centre will be operational in Delhi-NCR at Greater Noida
  • Over the next one year, 2 to 3 more dismantling centers and a shredding plant will be set up

PROPOSED BUSINESS MODEL