Toyota subsidiary to launch car recycling facility in India

Published: Sep 8, 2015 17:31
Toyota Kirloskar Motor will soon set up a car scrapping and recycling facility in India.

By  Paul Ploumis 08 Sep 2015  Last updated at  05:56:57 GMT

NEW DELHI (Scrap Monster): According to reports, Toyota Kirloskar Motor (TKM), the Indian subsidiary of Japanese Toyota Motor Corporation is planning to launch car recycling facility in India. This is the first such initiative by any automobile company in the country.

The company plans to set up a vehicle scrapping facility in the country in order to handle Toyota vehicles that will be phased out after their useful life. Additionally, the company plans to implement the Japanese design model in India. In Japan, the company designs vehicles in such a manner that they deliver maximum recycling capabilities once their operational life is exhausted.

Toyota already has vehicle scrapping units in Japan, where scrap metals generated at manufacturing plants are recycled. It intends to commence a similar facility in India. The company plans to set up the recycling facility adjacent to the existing auto manufacturing plant near Bengaluru. The company currently has two manufacturing facilities at Bidadi in Bengaluru which together manufactures nearly 310,000 vehicles per year.

The launch of the recycling facility assumes significant importance, especially at a time when the Indian government authorities are going ahead with implementation of stricter environmental regulations to curb the pollution caused by older vehicles. Earlier during April this year, the National Green Tribunal (NGT) had banned registration of diesel vehicles more than 10 years old and petrol vehicles that are older than 15 years in the Delhi NCR.

Toyota Kirloskar Motor Pvt Ltd is a subsidiary of Toyota Motor Corporation of Japan, for the manufacture and sales of Toyota cars in India. It is currently the 4th largest car maker in India after Maruti Suzuki, Hyundai, and Mahindra.


Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
SHFE Cast Aluminum Alloy Warrants Drop to 57,044 mt on March 10
2 hours ago
SHFE Cast Aluminum Alloy Warrants Drop to 57,044 mt on March 10
Read More
SHFE Cast Aluminum Alloy Warrants Drop to 57,044 mt on March 10
SHFE Cast Aluminum Alloy Warrants Drop to 57,044 mt on March 10
[SMM Flash News] SHFE data showed that on March 10, the total registered volume of cast aluminum alloy warrants was 57,044 mt, down 1,055 mt from the previous trading day. Among them, the total registered volume in Shanghai was 5,260 mt, down 149 mt from the previous trading day; Guangdong was 19,452 mt, down 361 mt; Jiangsu was 7,207 mt, down 212 mt; Zhejiang was 19,084 mt, down 333 mt; Chongqing was 4,234 mt, up 0 mt; and Sichuan was 1,807 mt, up 0 mt.
2 hours ago
Data: SHFE, DCE market movement (Mar 10)
4 hours ago
Data: SHFE, DCE market movement (Mar 10)
Read More
Data: SHFE, DCE market movement (Mar 10)
Data: SHFE, DCE market movement (Mar 10)
The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 10 Mar , 2026
4 hours ago
Aluminum Alloy Futures Rebound After Morning Dip, Spot Prices Adjust Downward Amid Volatility
4 hours ago
Aluminum Alloy Futures Rebound After Morning Dip, Spot Prices Adjust Downward Amid Volatility
Read More
Aluminum Alloy Futures Rebound After Morning Dip, Spot Prices Adjust Downward Amid Volatility
Aluminum Alloy Futures Rebound After Morning Dip, Spot Prices Adjust Downward Amid Volatility
[SMM Aluminum Alloy Daily Review] Futures, the aluminum alloy 2604 contract bottomed out intraday and then rebounded. After opening lower in the morning session, it quickly dipped to 23,295 yuan/mt before fluctuating upward. In the afternoon, bulls stepped up, and prices rose steadily, pulling back slightly toward the close to end at 23,680 yuan/mt, up 0.04%. Spot cargo, secondary aluminum alloy enterprises generally revised their quotes downward, with most cuts in the 100–300 yuan/mt range. During the week, volatility intensifies in futures and downstream wait-and-see sentiment strengthened, prompting some enterprises to slightly lower quotes to control order-taking risks. Meanwhile, tight supply of aluminum scrap raw materials and elevated procurement costs provided strong support for pr
4 hours ago
Toyota subsidiary to launch car recycling facility in India - Shanghai Metals Market (SMM)