Indian auto industry is under a shakeup after the Supreme Court banned the sale and registration of vehicles manufactured under the BS-III emission norms from April 1.
Below are the 10 things that you need to know about the BS III engines that have raked up a storm across the country with vehicles selling like hot cakes discounted offer:
BS or Bharat Stage are the emission norms set by the Central Pollution Control Board. The BS norms set certain specifications for the release of air pollutants from the combustible engines of vehicles and with each increase of the numeral beside it, the norms get stricter.
India adopted the 'India 2000' standard in the year 2000 following the European emission norms which is referred to as Euro 1, Euro 2 etc. India switched to the BS-II norm in 2005 and to BS III on April 1, 2010.
India's BS norms are currently lagging behind the European standards with EURO 6 already in place in the European union.
India has decided to skip the BS V norm and is planning to switch directly from the BS IV to BS VI in 2020. Manufacturers and oil companies have been asked to prepare for the change.
The BS III norms phased out the two-stroke vehicles which were in existence before that. Under the BS III norms, electronic controls were introduced to reduce the emission during engine ignition.
BS IV emission standards calls for reducing evaporation of fuel when the vehicle is parked. So two-wheeler manufacturers will have to fit evaporative emission control unit while manufacturing BS IV compliant vehicles.
The stricter emission norms are expected to reduce pollution but vehicle costs may increase due to improved technology.
Few automobile manufacturers like Suzuki, Hyundai, Bajaj have already shifted to BS IV while other players are either in the Research & Development or transition stage.
Dealers claim that the total worth of inventory that cannot be sold due to the ban of BS III vehicles in the Indian market after April 1 is over Rs 12,000 crore. Unsold BS-III inventory stood at 8,24,275 as of March 20.
Auto companies are offering hefty discounts in a bid to try selling as many BS-III vehicles as possible before the April 1 deadline. As for the other vehicles, companies will try to upgrade them or export them to countries wherein emission norms similar to the BS III standard are still in place.