India's Delhi plans to curb gasoline car sales, ban gas-guzzling bikes to shed polluter tag
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 24 2025
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Should l Buy ?
Source: Reuters
New Policy for Pollution Control: New Delhi plans to limit the purchase of gasoline and diesel cars per household, ban sales of fossil fuel two-wheelers by 2027, and promote electric vehicles (EVs) through tax waivers and cash incentives to combat severe air pollution.
Impact on Residents and Manufacturers: The policy could significantly affect lower- and middle-income groups reliant on two-wheelers while also impacting manufacturers of traditional vehicles, although it may boost sales of electric models from companies like Bajaj Motors and Hero MotoCorp.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
