India's rule changes are raising investment uncertainty: carmakers

Mumbai

BEHIND the glitzy song-and-dance sequences at the biennial Delhi Auto Expo, executives from carmakers including Maruti Suzuki India Ltd, Honda Motor Co and Ford Motor Co are expressing concern about the sudden changes in regulation.

In December, India's top court banned the sale of diesel vehicles with two-litre engines or larger through March. A month later, the government brought forward stricter emission rules by four years. Together with other measures restricting vehicle use, they mark the most concerted efforts to address popular discontent triggered by the hazardous smog that blankets the country's capital.