Vinod Dasari, President of SIAM is of the view that the 1% inexperienced cess that’s being imposed on the sale of diesel vehicles is just not wholesome for the trade.
Vinod Dasari, President of SIAM is of the view that the 1% inexperienced cess that’s being imposed on the sale of diesel vehicles is just not wholesome for the trade. “I personally don’t agree with the 1% cess, however will adjust to rules,” Dasari stated at a SIAM occasion. “All Of Europe runs on diesel, right here we’re saying it’s dangerous…It made no sense to ban autos that had been polluting the least,” he stated. “The BS-VI gas is just not accessible within the close to future for automakers to check. You’ll be able to’t merely use European gas to check, autos will explode. 3-year swap to new gas requirements has not been achieved earlier than…please lay out roadmap for the nation & then follow it,” Dasari stated.
Dasari went on to request the federal government to increase the FAME (Sooner Adoption and Manufacturing of (Hybrid &) Electrical Automobiles) scheme for electrical autos. Speaking concerning the proposed draft scrapping coverage, Dasari stated, “1% excise rebate higher choice to money incentives for scrapping previous vehicles.” Dasari, who can be the MD of Ashok Leyland stated that exports make up solely 10% of the corporate’s gross sales and focus can be to extend that share. ” M&HCV progress has saturated. I consider August 2016 can be worse than August 2015,” he stated, including that he expects the passenger autos trade to see a progress of 8-10% within the present monetary 12 months. Ashok Leyland reported a 5% decline in whole gross sales at 10,492 models in July, 2016. The corporate had bought 11,054 models in July final 12 months.
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