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 16

a. 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

Post your comment / Share knowledge


Enter the code shown above:
 
(Note: If you cannot read the numbers in the above image, reload the page to generate a new one.)