Toyota, Suzuki to set up JV for vehicle recycling business in India

Toyota, Suzuki to set up JV for vehicle recycling business in India

FILE PHOTO: A Toyota logo is displayed at the 89th Geneva International Motor Show in Geneva, Switzerland, March 5, 2019. REUTERS/Denis Balibouse/File Photo

Expanding their collaboration in the Indian market, Japanese automakers Suzuki Motor Corp and Toyota Motor Corp will foray into the vehicle dismantling and recycling business through their joint venture — Maruti Suzuki Toyotsu India Private Limited (MSTI).