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Business Plan For Setting Up Automated Vehicle Scrapping And Recycling Unit | |
| The deconstruction of automobiles for spare parts is known as vehicle recycling. Vehicles have value as a source of replacement components as they reach the end of their useful lives, which has given rise to the car dismantling industry. Commercial outlets in the business are often referred to as "wrecking yards," "auto dismantling yards," "vehicle replacement parts providers," and, more recently, "auto or vehicle recycling." Vehicle recycling has been a part of the process for a long time, but manufacturers have been more active in recent years. Before transferring a discarded car to a steel mill, a crusher is typically used to reduce its size. End-of-life automobiles are scrapped in a hazardous manner in India's vehicle scrap recycling business, and scrap metals, as well as various recovered and reconditioned pieces, are sold. There are now no standards in place to regulate these marketplaces or account for the scrap collected, necessitating a government strategy that recognises scrap generation from auto recycling as a long-term, environmentally benign sector. It is only necessary to mention the National Green Tribunal's (NGT) current attempts to press for the ban of outdated diesel and gasoline vehicles when addressing government policy for ELVs. In November 2014, the National Green Tribunal (NGT) in Delhi imposed a ban on all automobiles older than 15 years. Kerala, Bihar, and, most recently, Chhattisgarh have all rendered driving petrol and diesel vehicles older than ten years illegal. While a statewide ban on polluting automobiles is being challenged, a hearing has been set for July 11th, showing that the government's efforts in this area are moving forward. Automobile recycling, as a result, is critical. It's also critical to handle them correctly to avoid releasing dangerous waste into the environment. Professionals who are knowledgeable with hazardous compounds such as fuel, coolants, and brake fluids must dispose of such cars. Steel is an important material in vehicle construction because it makes up the majority of the components, including the structure. Because iron ores are needed for steel manufacture, recycling autos helps to keep iron ores in the ground. All trash generated as a by-product of steel processing is also avoided, ensuring that air pollution is kept to a minimum. Landfill garbage is also becoming more of a problem. It is possible to limit the amount of waste present and ensure that fewer harmful chemicals leach into groundwater and permanently damage the soil by using recycling vehicles. Another thing to consider is how proper car recycling can aid in the preservation of local flora and animals. Steel mining is harmful to the environment because it causes soil erosion and degradation. As a result, animals are unable to maintain their usual routines and may develop ill as a result. Land erosion causes debris to flow into bodies of water, affecting water quality and the proliferation of species. In India, what is the scope of vehicle recycling? India, being the world's third-largest steel producer, offers enormous potential for vehicle recycling. Because it is mostly unorganised, auto recycling in India can provide a variety of benefits to the country, ranging from a boost to the automotive sector to fuel savings and job creation. The recycling business is placing a significant wager on the government's efforts. It is expected to produce business of USD 2.9 billion (roughly INR 190 billion) at first, based on 25% (7 million vehicles) of all automobiles that might be thrown. In the future years, these figures are likely to rise. Market Predictions: In 2020, the worldwide car recycling market is expected to be worth $20.6 billion. Between 2021 and 2026, the market is estimated to increase at a CAGR of 5.1 percent. The process of dismantling automobiles in order to recover and recycle spare parts, fuel, and scrap metals is known as vehicle recycling. Magnetic parts, sheet metals, seats, wheels, and other components are recovered through disassembling, crushing, shredding, and material recovery techniques. Non-ferrous metals are separated from other materials using laser, infrared, eddy current, and flotation separation methods, which are subsequently transported for re-smelting. The fluids are drained and saved for subsequent use, while the reusable parts are cleaned, tested, and refurbished for resale. One of the primary factors driving the market's progress is the rise of industrialization and urbanisation around the world. Another element driving growth is the growing use of metal scrap, particularly steel, in the manufacturing of more inexpensive, lightweight, and fuel-efficient vehicles. Market growth is further aided by increased consumer awareness of the environmental benefits of recycling materials and reduced reliance on natural resources. Automotive recyclers employ advanced technologies and processes to remove polymers, fluids, and natural components from used vehicles with little environmental impact. They recognise small metal particles in scrap using a variety of new technology, such as optical sensors. In the coming years, the market is expected to be driven by the use of recycled batteries in consumer electronics manufacturing, as well as the implementation of government policies to reduce environmental risks associated with the disposal of batteries, rubber, lubricants, and other materials. | |
| Plant capacity: Spare Parts:188 Units/Day Waste Oil:225 Units/Day Waste Tyre:1,125 Units/Day Engines:25 Units/Day Steel Scrap :30,000 Units/Day Rubber Scrap:100 Units/Day Alloy Wheel:125 Units/Day Battery:750 Units/Day | Plant & machinery: 3 Cr |
| Working capital: - | T.C.I: Cost of Project:25 Cr |
| Return: 30.00% | Break even: 40.00% |
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