Automakers endorse CAFE 3 norms
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The Indian automotive industry has welcomed the draft Corporate Average Fuel Efficiency (CAFE 3) norms, citing the government's balanced approach as providing sufficient flexibility to meet targets. The industry has urged the government to notify the draft norms soon to ensure compliance by the April 1 deadline.
The Indian automotive industry has endorsed the April 8 draft Corporate Average Fuel Efficiency (CAFE 3) norms. The Society of Indian Automobile Manufacturers (SIAM) met with the Ministry of Power, stating that the proposed targets are ambitious but achievable due to the government's balanced approach. The CAFE norms regulate fleet-wide average fuel consumption or CO2 emissions for passenger vehicles. The industry has requested that the government notify the draft norms soon to allow adequate time for necessary changes. The meeting was attended by major OEMs, including Maruti Suzuki, Tata Motors, and Mahindra. The Ministry of Power also asked automakers to prepare for the E25 mandate, which will come into effect within months.
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