The Supreme Court of India yesterday announced a ban on the sales of vehicles that are BS-III compliant. This decision has caused a storm in the Indian automotive market, as various manufacturers had huge inventories of BS-III vehicles piled up in their supply chain as well as dealerships.
As per data from the Society of Indian Automotive Manufacturers (SIAM), there are over 8.2 lakh unsold BS-III vehicles in the country. These include 96,000 commercial vehicles and 6 lakh two-wheelers. This clearly points towards the fact that the two-wheeler industry has been the most badly hit due to this ban from the Supreme Court.
Interestingly, though the Supreme Court has banned sales of BS-III vehicles from April 1, 2017, vehicles bought before the said deadline can be registered at RTOs, even after April 1. In order to benefit from this guideline, dealers are offering huge discounts on bikes and scooters to clear as much inventory as they can before the deadline comes near.
We have got our hands on the discount details about Hero and Honda bikes. Check out the following discounts and get to your nearest dealerships to take benefit of them. Just 1 day to go!