On June 3, the Ministry of Road Transport and Highway (Mauriti) issued a draft amendment in the Central Motor Vehicles Rules, 198.
To meet this order, the industry must increase the production of ABS six times over the current level in the short term, which is not feasible, the shareholders said.
On the condition of anonymity, the senior executive of the leading multinational component supplier told ET that no manufacturers currently have the ability to meet this level of demand.
This regulation also requires homosexuality, which, such as the Automotive Research Association of India (ARAI), may not be equipped to deal with such quantities in six months, the executive said.
According to a recent ICRA report, 1.55 million motorcycles were sold in the country in the country in 225. The remaining 77% of the under -125 CC motorcycle, the number of about 9.43 million, has been installed in the comi -brack system (CBS), he said. Bajaj Auto Executive Director Rakesh Sharma said that the Indian two -wheelers offer security technology compared to the already advanced market and include features designed for local USAGE. He said, “Once the standard of the outcome is compulsory, the technology should be left to the OEM and the customer to meet them.” We need to meet and present all the approaches to the government with effectiveness and accident statistics, “the person said.
A senior government official, ET, told ET that Moth believes that the six -month lead time from the final notification is sufficient. However, the actual window can increase from eight to ten months, the person mentioned the time required to finalize the notification.
The ministry states that 80% of the two -wheeler accidents include vehicles under 125 cc, which requires ABS in this section.
The Ministry has confirmed that the ministry has consulted with the shareholders in the industry.
The proposed repairs to the rules of motor vehicle should also be provided with two protective headgear, including the sale of each two -wheeler, which is effective three months from the date of the final notification.
The players in the industry have also questioned ABS’s expenses in low-power motorcycles.
According to the ICRA, the implementation of ABS is likely to increase the prices of vehicles, 500-5,3, the rent of about -10-5% for entry-level motorcycles will be translated.
OEM customers are expected to go at an additional price. This will further delay the recovery of the price-sensitive entry-level section, which is below its financial year due to the increase in continuous regulatory costs in the past few years, including BS-VID criteria, insurance changes and fuel prices.
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