Cero plans to set up at least 100 vehicle scrapping centers by 2025

"By 2025, the target is clear that we need to be in more than 100 cities," said Cero's director

Cero, a 50:50 joint venture between the Mahindra Group and government-owned MSTC, plans to establish at least 100 vehicle scrapping centers in India by 2025, according to its director, Sumit Issar.

Without revealing the exact amount, he stated that the company will need to make a “huge investment” to establish these centers. Currently, India has 13-15 registered vehicle scrapping centers, out of which nine belong to Cero, Issar told Business Standard in an interview.

In her budget speech last month, Finance Minister Nirmala Sitharaman said that replacing polluting vehicles is an important part of greening the economy, and the government