Essayer OR - Gratuit

Auto industry divided on new emission guidelines

Financial Express Kochi

|

July 02, 2025

THE UPCOMING EMISSION norms have created a rift in India's automotive industry body.

- SWARAJ BAGGONKAR

On the one hand, Maruti Suzuki is believed to be lobbying with the government for a new and separate set of norms for small cars. The rest of the pack, on the other hand, wants only one norm for the industry.

The government is aiming to bring down vehicular emissions through the third edition of the Corporate Average Fuel Efficiency (CAFE) norms, to be enforced from April 1, 2027. These norms are designed to improve vehicle mileage and curb carbon emission. As per the submission made with the ministry of heavy industries (MHI) in December 2024 by the Society of Indian Automobile Manufacturers (SIAM), all automakers had agreed to a single emission target of 91.7 gm CO2/km for passenger vehicles under the CAFE-III norms.

This is significantly lower than the norms under CAFE-II, which mandate that the average CO2 emissions for a manufacturer's fleet of vehicles be below 113 grams per kilometre.

PLUS D'HISTOIRES DE Financial Express Kochi

Financial Express Kochi

Apple tops 2025 smartphone mkt

GLOBAL SMARTPHONE SHIPMENTS rose 2% year- on-year in 2025, lifted by stronger demand and eco- nomic momentum in emerging markets, Counter- point Research said on Mon- day. Apple led the market with a 20% share, the largest among the top five brands, supported by solid demand in emerging and mid-sized markets and strong sales of the iPhone 17 series, said Counterpoint analyst Varun Mishra.

time to read

1 min

January 13, 2026

Financial Express Kochi

New US envoy raises hope of deal, says talks resume today

HOPES OF A trade deal between India and the US revived on Monday with the new US Ambassador to India Sergio Gor saying the two countries will discuss trade issues in their next call scheduled for Tuesday.

time to read

1 min

January 13, 2026

Financial Express Kochi

Powell vows to stand firm amid DOJ criminal probe

TRUMP DENIES HAVING ANY KNOWLEDGE OF THE INVESTIGATION

time to read

1 min

January 13, 2026

Financial Express Kochi

Inequality top concern for youth: Survey

*“Cyberfraud big worry for CEOs’

time to read

1 min

January 13, 2026

Financial Express Kochi

Forex swap to cruise on arbitrage, corp demand, say bankers

THE ARBITRAGE OPPORTUNITIES between onshore and offshore markets alongside an expected pickup in corporate participation are likely to help the Reserve Bank of India's (RBI's) $10-billions foreignexchange swap sail through smoothly, bankers said.

time to read

1 min

January 13, 2026

Financial Express Kochi

Deutsche’s India business gets Kotak, Federal bids

THE BANK, WHICH currently operates branches in 16 cities in India, has been narrowing its focus in recent years on corporate banking and investment banking services for multinational and large domestic clients.

time to read

1 min

January 13, 2026

Financial Express Kochi

Labour Code impact drags TCS, HCLTech profits in Q3

Revenue growth remains steady

time to read

1 min

January 13, 2026

Financial Express Kochi

Gold and silver storm to records

GOLD AND SILVER climbed to records in a broad-based metals rally as the US Justice Department threatened the Federal Reserve with a criminal indictment, reviving concerns over the central bank's independence.

time to read

1 min

January 13, 2026

Financial Express Kochi

Lemon Tree: Restructuring gains

EYES CAGR OF 11% IN REVENUE, 13% IN EBITDA, 26% IN PAT OVER FY25-28

time to read

2 mins

January 13, 2026

Financial Express Kochi

Capex budget may increase to ₹12.5L cr

AKEYAREA where much of the incremental outlay may be directed is the Centre’s grant-like scheme for special assistance to states for capital investment (SASCI).

time to read

1 mins

January 13, 2026

Listen

Translate

Share

-
+

Change font size