The Indian government has banned the BS III compliant vehicles from the road. Now, no companies allowed to manufacture or sell these vehicles in the market. Recently, a report revealed by the Crisil stated that the two-wheeler segment has lost the Rs 600 crore, on the ban of the BS III compliant vehicles.

As per the reports revealed by the Crisil, it stated, “Total discounts offered work out to be around Rs 600 crore, of which the two-wheeler makers would be sharing over 70 per cent of the incentives, taking a total hit of Rs 460- 480 crore, while the remaining losses would be absorbed by the dealers.”

Reports further added, “We, however, expect the gradual inventory build-up to be offset by slower retail sales momentum as much of the demand got pre-poned to March.”
 

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