Government may start scrapping commercial vehicles that have been operational for more than 20 years
The company said it had also proactively switched to manufacturing only BS IV compliant vehicles well before the date stipulated by the authorities.
Bajaj warned that if manufacturers are given amnesty to sell Bharat Stage III (BS-III) vehicles even after the April 1 deadline then the same industry will refuse to take seriously the BS-VI deadline of April 1, 2020 to
"For producing BS-IV complaint fuel, IOC is spending Rs 1,800 crore towards revamping its three diesel treating and hydro-treating units at Gujarat Refinery.
The scheme aims to take out polluting vehicles off the street and incentivise car-owners to replace vehicles older than 11 years by providing excise duty exemptions on new vehicles among other benefits.
Vinod Dasari, President of Society of Indian Automobile Manufacturers (SIAM) and MD of Ashok Leyland, expects to see a good turnout of 7 lakh visitors at the Auto Expo starting on Wednesday.
At the meet, Vinod Dasari, President of SIAM, also relayed his thoughts on the recent ban on registration of 2000cc+ cars in New Delhi, pointing out that less than 20 percent of pollution actually comes from auto emission in the city and he wishes the myth that cars are polluting India is dispelled.
At present, BS IV norms are followed in parts of India and by April 1, 2017, the whole of the country is scheduled to be covered under it.
"The draft notification proposes BS V norms to be implemented by April 2019 for new vehicle models and April 2020 for existing vehicle models," Road Transport and Highways Minister Nitin Gadkari said in a written reply to Lok Sabha.