NIFTY 50

Siam says phasing out of two- and three-wheeler ICE engines by 2025 'impractical'

Updated : June 11, 2019 03:07 PM IST

The move could also impact government revenues, employment and a huge ecosystem of the tier-I and tier-II – most of them are small scale industries, he added.
There will be disruption and the auto industry has accepted that it is going to happen, but framing a policy that would accelerate the disruption should be avoided, he added.
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