Industry suggests national automotive regulatory board

CV industry continues to hold 40,000-50,000 BS-III commercial vehicles, says SIAM President Dasari

The Society of Indian Automobile Manufacturers (Siam) has suggested the central government constitute a National Automotive Regulatory Board, to pave the way for policy certainty.

 
The suggestion comes as the industry struggled to comply with the Supreme Court decision to not give any extension on the last date of March 31 for sale or registration of vehicles meeting only BS-III emission norms.
 
Vinod K Dasari, president of Siam, said the transition from BS-III to BS-IV norms was “unfortunately, very painful”. He said the automobile industry runs on long-gestation investment and the SC decision had impacted companies' profits and jobs,