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BS-III vehicles ban to cost auto cos nearly Rs 3,000 crore: Crisil

BS-III vehicles ban to cost auto cos nearly Rs 3,000 crore: Crisil

Monday, April 3, 2017, 4:16 PM

The ban on BS-III vehicles imposed by the Supreme Court will cost commercial vehicle and two-wheeler makers nearly Rs 3,000 crore, according to market research firm Crisil. In a report, Crisil Research said the ban would also result in commercial vehicle makers taking a hit of up to Rs 2,500 crore while the same for two-wheeler makers could be Rs 460-480 crore.
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