
Reduction of GST on CNG can help adoption of cleaner fuel vehicles
Auto majors like Maruti Suzuki and Bajaj Auto are among many other industry members who have urged the government to rationalise GST on CNG vehicles.
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Buy Now!Auto majors like Maruti Suzuki and Bajaj Auto are among many other industry members who have urged the government to rationalise GST on CNG vehicles.
In a price and value conscious market like India, the Rs 20-22/litre price difference between diesel fuel and Compressed Natural Gas can motivate fleet operators to opt for the latter.
Compressed Natural Gas is becoming a strong contender in India’s mobility scheme and the government wants to promote the adoption of this cleaner-than-diesel fuel.
The highlight of the issue is how Compressed Natural Gas or CNG is the low hanging fruit which is being leveraged by a number of top vehicle makers in the country.
Co. is studying LPG, CNG, Ethanol blended fuel options across the portfolio, from two wheelers to quadricycles in the coming few years.