The shredding Plant will be first of its own kind in India and set up in association with Mahindra Inter Trade Limited in PPP mode. It will reduce the dependence on present annual import of shredded scrap of 5-6 million tone in our country and consequently reduce the foreign exchange out go. It will also help in domestic sourcing of raw material for secondary steel sector.

As the plant will use end of life vehicle (ELV) aged more than 10 years and white Goods, recycling of the same will also conserve the natural resources such as Iron Ore, Coal, Limestone, etc. which are used in making Steel. The plant will have the capacity of one lakh TPA. In addition, it will alleviate the adverse impact of pollution for a sustainable development.

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