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.