'BS VI to put very significant economic burden on automakers'

Image
Press Trust of India New Delhi
Last Updated : Mar 21 2017 | 3:42 PM IST
The government today said it has been informed by automotive industry body SIAM that the 'economic burden' on companies for moving to BS-VI emission norms will be very significant.
"Society of Indian Automobile Manufacturers (SIAM) has informed that the economic burden for moving to BS-VI emission norms for automobile manufacturers would be very significant," Minister of State for Heavy Industries and Public Enterprises Babul Supriyo said in a written reply in the Lok Sabha.
According to SIAM, many new technologies would have to be developed and these technologies would have to be used in vehicles for meeting the requirement of BS-VI emission norms, thereby putting enormous economic burden.
The Ministry of Road Transport & Highways through a notification dated September 16, 2016 mandated mass emission standard for BS-VI throughout the country with effect from 1 April, 2020 to bring down emission level.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Mar 21 2017 | 3:42 PM IST

Next Story