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Showing posts from April, 2019

Future of the auto sector

Future of the auto sector  Bharat Stage VI Emission Norms The Bharat Stage Norms are standards instituted by the government of India to regulate the emission of air pollutants from motor vehicles. The norms were introduced in the year 2000 and are based on similar norms in Europe called Euro 4 and Euro 6. As on April, 2017, all vehicles were mandated to adhere to BS IV Norms. The new government policy mandates that by April, 2020 all vehicles must be complaint with BS VI Norms. The introduction of BS VI Norms calls for upgradation in the technology which helps reduction of emission of pollutants. BS VI also makes on-board diagnostics (OBD) mandatory for all vehicles. OBD device informs the vehicle owner or the repair technician how efficient the systems in the vehicle are. Compliance with BS-VI norms will require higher investment in technology to upgrade vehicles in stock and those which are newly produced. This has dual implications. One is that there will be fewer new ...