CMR Kataria, a joint venture of Century Metal Recycling (CMR) and Kataria Group (Gujarat), has signed a Memorandum of Understanding with the Gujarat government to set up the state’s first Registered Vehicle Scrap Facility (RVSF) near Kheda, off NH 48. The said MoU was signed at the Investor Summit in Gandhinagar, in the presence of Nitin Gadkari (Minister of Road Transport & Highway), with the Ports and Transport Department of Gujarat agreeing to facilitate necessary approvals under the guidelines laid down by ARAI and MoRTH. Dharmendra Mishra, Director of CMR Kataria, said the company will set up the End-of-Life (ELV) Scrapping Centre with an annual capacity of 15,000 four-wheelers, 2,500 commercial vehicles, and 50,000 two-wheelers in phase-1. It will have an adequate land size and with the latest machines & equipment, software, and competent manpower to carry out end-to-end activities, including collection centres across the state. The joint venture company has started dismantling and scrapping of ELVs in their facility in Ahmedabad since October 2020. Leveraging the groups’ unique strength, the JV company started dismantling and scrapping of ELVs in their facility in Ahmedabad in October ’20, while a bigger and modern facility as per Policy guidelines is under construction and will be operational in the next two months.