If the norms are delayed then companies who have been complacent would get the cost/price advantage, said Rajiv Bajaj, MD, Bajaj Auto.
Honda Motorcycle & Scooter India (HMSI) today launched a BS-IV compliant version of its bike CB Unicorn 160, priced at Rs 73,552 (ex-showroom Delhi).
The company said it will soon make India a global hub for vehicle parts and components.