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Joint venture CERO has opened a car recycling facility in Delhi. CERO is a partnership between Mahindra Accelo, a steel service subsidiary of Mahindra & Mahindra, and government-owned company MSTC, reports the Business Standard. According to the source, it is the first automated car recycling plant in India. It has a capacity of 500 cars per month and is expected to fully exploit this capacity by March 2019. CERO started construction of 5 similar recycling plants in the country, which are expected to be operational by March 2019. The source does neither comment on exact locations nor on planned capacities.
Picture Credit: Auto scrapyard, public domain
