17 Feb 2023
Starting April 2023, the automotive industry is set to implement the BS-VI Stage-II norms. A portion of the investment by OEMs would be required to incorporate the onboard self-diagnostic device, in addition to hardware and software upgrades. However, in relation to BS-VI Stage I, the investment required is expected to be relatively modest. Additionally, experts noted that depending on the geopolitical situation, the material costs might go up. In this case too, it is possible for OEMs to consider an increase in prices again.