Maruti Suzuki and Toyota Tsusho Group announced a joint venture for vehicle dismantling and recycling. In the joint venture — Maruti Suzuki Toyotsu India Pvt Ltd (MSTI) — Maruti Suzuki India (MSI) will have 50 per cent share, while Toyota Tsusho Group companies — Toyota Tsusho Corporation and Toyota Tsusho India Pvt Ltd — will hold the remaining stake.
Maruti Suzuki, Toyota Tsusho to set up vehicle dismantling, recycling unit
Date posted: Thursday 7 November 2019