Launches third vehicle scrapping facilityTATAMOTORS - 698 Change: 23.80 (3.53 %)
News: Tata Motors has announced launch of its third Registered Vehicle Scrapping Facility (RVSF), in Surat, Gujarat. Named 'Re.Wi.Re - Recycle with Respect', this state-of-the-art facility has the capacity to disassemble 15,000 end-of-life vehicles. The RVSF is developed and operated by Tata Motors' partner Shree Ambica Auto to scrap end-of-life passenger and commercial vehicles of all brands. This launch follows the success of the two facilities; in Jaipur and Bhubaneshwar.
Views: This is in tandem with the overall sustainability efforts at the company. Captive scrapping facility is also aimed at supporting new vehicle sales at Tata Motors and judicious usage of metal scrap.