Indian auto companies significantly missed their steel equivalent vehicle scrapping commitments for FY26, falling short by 70%. Auto companies in India fell short by 70 per cent in meeting the steel ...

Massive compliance gap: Automakers scrapped only 2.42 lakh vehicles in FY26 against the 7.62 lakh required, missing the steel recovery target by 70%. Rule change fallout: A March 2026 amendment ...

Auto manufacturers in India have fallen short by 70% in meeting the steel equivalent vehicle scrapping commitments in FY26. The target was set under the end-of-life vehicle rules, notified by the ...

Maruti Suzuki Toyotsu India Private Limited (MSTI) is a Joint Venture (JV) between Maruti Suzuki and Toyota Tsusho group. The group also intends to set up more such modern ELV scrap units and ...

MSTI is a government-approved ELV scrapping and recycling company which is setting up modern ELV scrap and recycling centres in the country. With this tie-up, HCIL strives to assist its customers to ...

As a step towards a circular economy and with an aim to promote organized, the transparent and environment-friendly dismantling of End-of-Life Vehicles (ELVs), Maruti Suzuki and Toyota Tsusho Group ...

The European Union’s End of Life Vehicle directive (ELV) has set firm targets for automobile recycling, with the targets aiming higher as time passes. The directive “has caused much controversy and ...

Vehicle provider Maruti Suzuki and Toyota Tsuho open JV end-of-life vehicle scrap yard near Delhi. Pictured left to right at the new MSTI facility: Masaru Akaishi of MSTI; Kenichi Ayukawa of Maruti ...

Delhi, for years now, has witnessed a scrutiny of end-of-life vehicles (ELVs) to curb air pollution — it is mandatory for 15-year-old petrol vehicles and 10-year-old diesel vehicles to undergo fitness ...