Govt proposes mandatory emergency braking systems for new cars by 2030

The government has proposed making emergency braking systems mandatory for new cars by 2030. This means that all new car models sold in the country will be required to have advanced emergency braking systems, which can automatically apply the brakes in emergency situations to prevent accidents. This move aims to improve road safety and reduce the number of accidents on Indian roads. The proposal is part of the Ministry of Road Transport and Highways' draft rules, which are expected to benefit the automotive sector by promoting safer vehicles.

Why it matters

The government's proposal to make Advanced Emergency Braking Systems mandatory for new cars will increase demand for auto safety features. This could lead to higher sales and revenue for companies that specialize in auto safety technology.

Market impact

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Likely winners & losers

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