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Muthoot Capital Says Confusion Over BS-VI Norms To Hurt Two-Wheeler Sales In Q4

Buyers are hesitant to buy new and costlier two-wheelers complaint with BS-VI norms, Muthoot Capital’s COO Madhu Alexiouse says.

Mahima Kapoor
Motorcycles stand at a parking lot in Surat, Gujarat, India. (Photographer: Karen Dias/Bloomberg)

Muthoot Capital Services Ltd., a two-wheeler financing company, expects fewer-than-estimated vehicles to sell in the quarter ending March 2020 as confusion over transition to new emission standards prevails.

Watch | Muthoot Capital Service’s Madhu Alexiouse On His Outlook For Q4

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