NIFTY 50

New mandatory safety norms to increase cost of vehicles

Updated : August 14, 2019 10:24 PM IST

The Indian automotive industry is not in a happy place, and it's not just because of low sales.

From the end of April this year, the industry has been hurting from rising costs which have kicked in with the government's mandate that vehicles meet stricter safety norms.

CNBC-TV18's Alisha Sachdev reports that this pain will continue through the year, as new safety norms kick in in a phased manner.
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more
Live TV