BS-VI norms to hike cost of two-wheelers by 10-20 per cent: ICRA

The ICRA, an Indian credit rating agency, has issued a statement saying the proposed BS-VI emission norms for two-wheelers may increase costs of the vehicle by 10-20 per cent. It came at the time when the Ministry of Road Transport and Highways (MoRTH) has issued a notification that all automobiles would need to comply with BS-VI norms by 2020.

The older bikes comply with BS-III emission norms. From April 2016, all-new two-wheelers have started to comply with BS-IV norms, while the ones on sale will move to BS IV by April 2017. Most of...

Updated Date: Jul 07, 2016 20:00:55 IST