HomeEventsMaharashtra MoU with Mahindra Cero

Maharashtra MoU with Mahindra Cero

Government of Maharashtra through the Industries, Energy and Labour Department has signed an MoU with Cero (Mahindra MSTC Recycling Pvt. Ltd.), India’s 1st government authorized vehicle recycler to set up additional world class vehicle scrapping centres in Maharashtra. The proposed scrappage centres will have the capacity of recycling end-of-life 2/ 3- wheelers, passenger/commercial vehicles in accordance with all the legal and environmental norms prescribed by CPCB and guidelines provided by MoRTH.

The MoU was signed in the presence of Hon. Minister for Road, Transport & Highways (MoRTH) Shri. Nitin Gadkari, who has been the driving force behind announcement of a much awaited ‘Vehicle scrappage policy’ in India. Currently in Maharashtra, Cero already has a state-of-the-art recycling facility at Pune and is looking to set up 4 additional facilities in the cities of Mumbai, Nagpur, Aurangabad and Nashik.

The MoU was signed on the background of the Conference on Investment Opportunities in Highway, Transport and Logistics held in Mumbai, Maharashtra. The Industries, Energy and Labour Department will facilitate the necessary approvals as per the rules and regulations of the State Government and the draft vehicle scrappage policy released by MoRTH for setting up of the RVSF. Cero’s recycling centres will provide a hassle-free option for customers to scrap their vehicles. All you have to do is give a missed call on 1800-267-6000 or log on to cerorecycling.com and register an enquiry. From there on, the entire process will be handled by the Cero team.

Speaking on the MoU, Sumit Issar, Managing Director of Mahindra Accelo said, “We are delighted to sign an MoU with Government of Maharashtra and would like to acknowledge the proactive efforts being taken by the Government. Cero aims to create a network of world-class facilities across Maharashtra and India. Our centres will provide a platform for customers to scrap their vehicles in environment friendly manner and avail the benefits on purchase of newer vehicles which will be linked to Certificate of deposit – to be provided by Cero. From sustainability point of view, through recycling of old vehicle, we aim to reduce India’s dependence on Steel scrap imports and conservation of natural resources which go into production of steel.”

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