Mahindra Group ties up with MSTC
Q. Mahindra Group has tied up with which GoI enterprise to set up a greenfield auto shredding and recycling capability in the nation?- Published on 09 Aug 16a. MSRTC
b. MSTC
c. MSTDC
d. None of the above
ANSWER: MSTC
Mahindra Intertrade Ltd, a part of the Mahindra Partners Division of the USD 17.8 billion Mahindra Group and MSTC Ltd, a GoI enterprise have come together to jointly set up a first of its kind greenfield auto shredding and recycling capability in the nation
- Mahindra Intertrade owns and operates network of steel service centres across the automotive power and home verticals
- Mahindra Partners is a USD 900 million PE division of Mahindra Group
- Proposed collaborative venture will establish an integrated automotive recycling capability for end of life vehicles and take on numerous activities such as collection, compaction, de-pollution, transportation, shredding, recycling and disposal