Maruti Suzuki and Toyota Tsusho Group have announced an equal joint venture, Maruti Suzuki Toyotsu India (MSTI), for vehicle dismantling and recycling. The venture will set up its vehicle dismantling and recycling unit in Noida in 2020-21 and will add more units. Maruti Suzuki Toyotsu will procure and dismantle end-of-life vehicles (ELVs).
The process will include complete solid and liquid waste management as
per Indian laws and globally approved quality and environmental standards.