Maharashtra signs MoU with Mahindra Cero for multiple vehicle-scrapping units

• Scrappage centres to be equipped with recycling end-of-life 2/3-wheelers, passenger/ commercial vehicles in accordance with all legal and environmental norms, with a planned capacity of 40,000 vehicles annually
• In addition to current recycling centres at Pune, Cero to operate 4 more scrapping facilities in Maharashtra at Mumbai, Nagpur, Aurangabad and Nashik
• Cero is currently present at 11 locations including Greater Noida, Chennai, Pune, Bangalore, Mumbai, Ahmedabad, Jaipur, Chandigarh, Indore, Hyderabad & Kolkata and looking to expand its presence Pan India

MUMBAI: The government of Maharashtra through the Industries, Energy, and Labour Department has signed an MoU with Cero (Mahindra MSTC Recycling Pvt. Ltd.), India’s 1st government authorized vehicle recycler to set up additional world-class vehicle scrapping centers in Maharashtra. The proposed scrappage centers will have the capacity of recycling end-of-life 2/ 3- wheelers, passenger/commercial vehicles in accordance with all the legal and environmental norms prescribed by CPCB and guidelines provided by MoRTH.

Speaking on the MoU, Sumit Issar, Managing Director of Mahindra Accelo said, “We are delighted to sign an MoU with the Government of Maharashtra and would like to acknowledge the proactive efforts being taken by the Government. Cero aims to create a network of world-class facilities across Maharashtra and India. Our centers will provide a platform for customers to scrap their vehicles in an environment-friendly manner and avail the benefits on purchase newer vehicles which will be linked to the Certificate of deposit – to be provided by Cero. From a sustainability point of view, through recycling of old vehicles, we aim to reduce India’s dependence on Steel scrap imports and conservation of natural resources which go into the production of steel.”

The MoU was signed on the background of the Conference on Investment Opportunities in Highway, Transport, and Logistics held in Mumbai, Maharashtra. The Industries, Energy, and Labour Department will facilitate the necessary approvals as per the rules and regulations of the State Government and the draft vehicle scrappage policy released by MoRTH for setting up the RVSF. Cero’s recycling centers will provide a hassle-free option for customers to scrap their vehicles. All you have to do is give a missed call on 1800-267-6000 or log on to cerorecycling.com and register an inquiry. From there on, the entire process will be handled by the Cero team.

source https://nrinews24x7.com/maharashtra-signs-mou-with-mahindra-cero-for-multiple-vehicle-scrapping-units/

December 23, 2021