BREAKING NEWS

Advertisement

Business

Updated on: Friday, December 17, 2021, 04:08 PM IST

Tata Motors inks pact with Maharashtra govt; to set up registered vehicle scrappage facility

Tata Motors has inked an MoU with the state government to help set up the scrappage centre with a recycling capacity of up to 35,000 vehicles a year for end-of-life passenger and commercial vehicles./ Representative image |

Tata Motors has inked an MoU with the state government to help set up the scrappage centre with a recycling capacity of up to 35,000 vehicles a year for end-of-life passenger and commercial vehicles./ Representative image |

Advertisement

Auto major Tata Motors has joined hands with the Maharashtra government to support the setting up of a registered vehicle scrapping facility (RVSF) in the state, the company said on Friday.

The company has inked a memorandum of understanding (MoU) with the state government to help set up the scrappage centre with a recycling capacity of up to 35,000 vehicles a year for end-of-life passenger and commercial vehicles.

The state industries, energy and labour department will support in facilitating the necessary approvals as per the rules and regulations for setting up of the facility, the company said.

''Besides the well-known benefits that appropriate vehicle scrapping offers – boosting the setup of a circular economy, this initiative will also help in reiterating our commitment to strengthen our leadership in the sustainable mobility space. We are proud to partner with the policymakers on this initiative of setting up scrapping facilities across the country. It is the beginning of a new chapter and a step in the right direction for India's transportation sector,'' Tata Motors Executive Director Girish Wagh said in a statement.

Tata Motors had earlier signed an MoU with the Gujarat government for setting up a scrapping facility in Ahmedabad.

(With inputs from PTI)

(To receive our E-paper on whatsapp daily, please click here. We permit sharing of the paper's PDF on WhatsApp and other social media platforms.)

Published on: Friday, December 17, 2021, 04:08 PM IST
Advertisement