India's Delhi plans to curb gasoline car sales, ban gas-guzzling bikes to shed polluter tag

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.