Maruti Suzuki, Toyota Tsusho form vehicle recyling business in India

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India’s largest carmaker Maruti Suzuki and Toyota Tsusho Group has announced the setting up of a vehicle dismantling and recycling business, Maruti Suzuki Toyotsu India. The equal joint venture will set up its first unit in Noida with a capacity to handle 2000 vehicles per month. The company will source vehicles from dealers as well as directly from customers.