-0.35 (-0.10%) Tata Motors has joined hands with Gujarat government to support setting up of a vehicle scrapping facility in Ahmedabad. The company has signed a memorandum of understanding (MoU) with the state government through the ports and transport department.
The scrappage centre, which will be for both passenger and commercial vehicles, will have a capacity of recycling up to 36,000 vehicles a year. Tata Motors will set up the scrapping centre in association with a partner.
Tata Motors is India’s largest automobile company. Through subsidiaries and associate companies, Tata Motors has operations in the UK, South Korea, Thailand, South Africa and Indonesia. Among them is Jaguar Land Rover, the business comprising the two iconic British brands.