Maruti Suzuki India Ltd.

Maruti Suzuki India (MSIL) and Toyota Tsusho Group are setting up one-of-its-kind vehicle dismantling and recycling joint venture, Maruti Suzuki Toyotsu India (MSTI). The joint venture is between MSIL and Toyota Tsusho Group (Toyota Tsusho Corporation (TTC) and Toyota Tsusho India (TTIPL) with each owning 50% equity.

Headquartered in New Delhi, Maruti Suzuki Toyotsu India is established to set up its vehicle dismantling and recycling unit in Noida, Uttar Pradesh within 2020-21. MSTI will be responsible to procure and dismantle End-of-Life Vehicles (ELVs). The process will include complete solid and liquid waste management as per the Indian laws and globally approved quality and environment standards. The facility in Noida will be the first unit by MSTI and the JV will add more such units across India.
The unit will have an initial capacity to dismantle around 2,000 vehicles per month. MSTI will source vehicles from dealers as well as directly from customers.

Maruti Suzuki India (formerly known as Maruti Udyog) is an automobile manufacturer in India. It provides passenger cars, utility vehicles and vans. The firm also offers pre-owned car sales, fleet management and car financing services.