HYDERABAD: Hyderabad-based Ramky Enviro Engineers Limited (REEL) on Monday said it will be setting up a network of ‘end of life’ vehicle recycling facilities across the country. These facilities will deploy automated technologies towards dismantling, depolluting and shredding to maximise recycling and resource recovery.
In the first phase, recycling facilities will be developed near Delhi-NCR, Mumbai, Bengaluru, Hyderabad and Chennai. In the next phase, the network will expand to over 25 locations across India.
The company also intends to partner with leading automotive companies in both the passenger and the commercial vehicles segments as part of this initiative.
As per industry estimates, by 2025, India is expected to have over two crore vehicles nearing the end of their lives. These, along with other unfit vehicles, if not recycled and managed sustainably, can cause significant pollution and environmental damage, said a report by the Centre for Science and Environment (CSE).