Mahindra Accelo Limited

Integrated Annual Report 2024-25

Group
Companies

One Accelo One Purpose

We are a Category of

1st

Steel Service Centre in India in the Organised Sector

1st

Steel Service Centre Abroad by an Indian Entity

1st

Electrical Steel Service Centre in South Asia

1st

Vehicle Recycling Facility in India in the Organised Space

Mahindra Steel Service Centre Limited (MSSCL)

is a venture established in 1993 between Mahindra Accelo and Metal One Corporation, Japan. MSSCL operates in mobility and energy components, with operations spanning five facilities located in Pune, Bhopal, Noida, and Chennai.

Mahindra Auto Steel Private Limited (MASPL)

is a venture between Mahindra Accelo and Mitsui & Co. Limited, Japan, formed in 2013. MASPL operates out of a state-of-the-art facility at Chakan, near Pune, and is engaged in the mobility business.

Mahindra Middle East Electrical Steel Service Centre (FZC) (MME)

is a venture between Mahindra Accelo and Nippon Steel Corporation, Japan, formed in 2004. MME is engaged in the energy component business and has a state-of-the-art facility in Sharjah (UAE).

PT Mahindra Accelo Steel Indonesia (PTMASI)

was formed to expand and add value to our energy component business in Indonesia. PTMASI set up a state-of-the-art plant in Indonesia that became operational in 2022.

Mahindra Electrical Steel Private Limited (MESPL)

is a wholly-owned subsidiary of Mahindra Accelo, set up with a primary focus on trading and processing non-ferrous and ferrous materials, including various grades of steel.

Mahindra MSTC Recycling Private Limited (MMRPL)

is a venture between Mahindra Accelo and MSTC Limited, a Government of India Enterprise, established in 2016 to set up environment-friendly recycling centres for end-of-life vehicles. It operates under the brand name ‘CERO.’ Additionally, MMRPL has 7 modern Registered Vehicle Scrapping Facilities (RVSF)/Recycling Centres and 39 collection centres across India.

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