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Monday, 2 May 2016

SIAM comes in support of Diesel Vehicle Manufacturers


As per a recent statement by Society of Indian Automobile Manufacturers (SIAM) which came in support of diesel vehicle manufacturers said that ‘such restrictions is not going to achieve the desired objective to reduce pollution in the city & will only cause problem to OEMs and dealers’

The department of heavy industries on Friday pleaded to the Supreme Court to allow vehicles confirming existing emission norms to ply on Indian Roads. It also said that since the launch of PMs ‘Make in India’ campaign it has witnessed a steep increase of over 8% & has received investment of a whopping $5.094 billion in this sector. The ban if continues will have adverse effect on the ongoing momentum of the industry as it contributes to more than 47% of the manufacturing GDP of the country.

The ministry also suggested some of the corrective measures that it will take to ensure less omission of pollution by diesel vehicles like Pollution under check certificates issued to vehicles will be strictly regulated, measures to improve air quality, tolls on vehicles entering Delhi unnecessarily etc.

Meanwhile SIAM also said that due to uncertainty arising out of the ban on diesel cars and SUVs of 2,000 cc and above engines, many MNCs have decided to freeze further investments in India until complete clarity is achieved on key policy issues.

It is today when the Supreme Court decided whether to wave off the decision to continue with the same.


However to avoid this tussle in an efficient manner you can visit Shriram Automall and sell your used diesel vehicle easily, the company offers most transparent platform with the highest database of customers who are willing to buy used vehicles at an attractive price.

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