Right now two airbags are necessary, but in the coming time 6 airbags may be mandatory
Market experts estimate that installing 6 airbags can lead to an increase of up to Rs 25,000 per car. Due to this the turnover of the airbag industry is expected to increase from about Rs 1,100 crore to more than Rs 4,000 crore.
What do you think, how many airbags in the car (Car Airbag) should be. Are two airbags enough? Or four airbags. The government wants every car to have at least six airbags. But car makers do not agree with this. They too have their arguments. He’ll tell you too. But before that, take a look at these figures. According to government statistics, road accidents are the leading cause of hospitalization, death and disability in the country.Road Accident) Is. Every year in India about 1.5 lakh people die due to road accidents. The government is asking auto companies to install at least six airbags in each type of car to reduce road accident deaths. The Ministry of Road Transport and Highways has decided to make six airbags mandatory from October 1.
But car companies do not agree with this decision of the government. Companies are giving their reasoning behind this. Companies have already increased the price of cars due to shortage of semiconductors and cost of other raw materials. Now if the number of airbags is increased further, then the cost will increase further. This will make cars especially small or entry level cars more expensive than before. This will hurt the most, those who want to upgrade from two wheeler to four wheeler. Now let’s understand the practical problems of companies.
If the rule of 6 airbags will apply then…
If the rule comes into force, the industry would not only need to supply triple the airbags, but car manufacturers would also have to redesign the interiors of the cars. This work may take from one to two years. Sunil Bohra, Group CFO and Executive Director, Minda Industries says that no one size fits all. It may take a long time to give a new look to the interior of the car. In fact, Minda Industries is the second largest manufacturer of airbags in India with an annual capacity of 10 lakhs and a share of 15 per cent. Now let us know how much the cost of the car will increase by installing six airbags.
How much will the price of cars increase
Market experts estimate that there can be an increase of up to 25 thousand rupees per car. Due to this the turnover of the airbag industry is expected to increase from about Rs 1,100 crore to more than Rs 4,000 crore. At the same time, Maruti Suzuki India wants the government to reconsider the proposal to make six airbags mandatory. Because not doing so will adversely affect the small car market. In the coming times, there may be a crisis on jobs in this sector.
What did Maruti Suzuki say?
The auto sector is facing a decline in sales for the last three years. Regulatory norms including BS-VI emission standard have increased the cost of entry-level cars significantly. Due to which the sales of small cars across the country have been affected. With the implementation of the six airbag rule, the prices will increase further, which will further shrink the small car market in the country. As stated by Maruti Suzuki, the airbag decision will affect the sales of entry-level cars, where price matters. The sector is already facing a drop in sales for the last three years and in such a situation it will become even more difficult for two-wheeler buyers to buy a small car.
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