Mahindra to set up India’s first Auto Shredding facility

#hashtags: #Mahindra Intertrade Ltd #USD 16 #Mahindra Group #Memorandum #MoU #MSTC Ltd #India #Secretary Steel

Mahindra Intertrade Ltd., a part of the USD 16.9 billion Mahindra Group, has signed a Memorandum of Understanding (MoU) with MSTC Ltd. (a Government of India enterprise formerly known as Metal Scrap Trading Corporation Limited). The MoU will see the companies undertake a joint initiative to set up India’s first auto shredding facility. The MoU was signed under the aegis of the Honorable Minister of Steel and Mines, Shri Narendra Singh Tomarji. The Secretary Steel (Government of India),...