ISMA Pushes Back on Draft CAFE-3 Norms, Seeks Stronger Flex-Fuel Vehicle Incentives
ISMA has written to the Ministry of Power requesting restoration of key incentive parameters in Draft CAFE-3 norms, wa...
Ajit Dalvi
18 Apr 2026
With 3.10 million units and 11% growth on a high year-ago base, demand for SUVs and MPVs soared to a new high in FY2026 and saw the utility vehicle share of the passenger vehicle segment jump to a record 67% even as five of the top six UV O...
Read moreISMA has written to the Ministry of Power requesting restoration of key incentive parameters in Draft CAFE-3 norms, wa...
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