Mahindra has signed a memorandum of understanding (MoU) with Mahindra MSTC Recycling Pvt Ltd (MMRPL) towards offering its customers a first-of-its-kind, end-to-end solution for scrapping vehicles under the brand name CERO.
What services Mahindra MSTC Recycling provides?
Mahindra dealerships under the brand name of CERO offer:
- Vehicle evaluation
- Arrange quotes for exchange/scrappage value of the vehicle
- Provide end-to-end services including vehicle pickup, transportation and environment-friendly dismantling at CERO scrapyards
- After this, the Certificate of Deposit/Destruction (COD) will be issued by CERO, which will enable customers to claim eligible benefits under the upcoming Scrappage Policy.
The company says that with an agreement with MMRPL it is offering its customers a one-stop solution for scrapping vehicles. Customers intending to purchase a new Mahindra vehicle by scrapping/exchanging the old vehicle which is more than 15 years can do so at any Mahindra dealership.
Veejay Ram Nakra, CEO Automotive Division, Mahindra & Mahindra Ltd., says, “Our agreement with MMRPL is a step towards delivering customer delight through a convenient, one-stop solution for customers who wish to scrap their old vehicle. While the scrappage policy will take effect in some time, we are ready to help the customers who intend to discard their vehicles.”
Sumit Issar, Managing Director of Mahindra Intertrade Ltd., says, “CERO is India’s first authorized recycler for motor vehicles built on PPP model. We have dismantling centers at Greater Noida, Pune, and Chennai and in addition collection centers at major cities such as Mumbai, Bangalore, Hyderabad, Ahmedabad, Jaipur, and Chandigarh. Further, CERO has plans to have a presence in 25 cities within the next 8-10 months. The arrangement with M&M is going to strengthen this reach and benefit all Mahindra vehicle customers who are looking for solutions for scrapping their old vehicles.”