Rosmerta to set up 10 vehicle scrappage units, invest ₹200 cr

In an interaction with PTI, Rosmerta Technologies President Kartick Nagpal said that with the setting up of the scrappage centres, the company will be able to contribute to the circular economy by helping recycle three lakh vehicles each year. "With this regard, we plan on investing Rs 200 crore across India to leverage this situation and contribute to the circular economy," he added.

from Auto-Industry-Economic Times https://ift.tt/uwOa0Dz