Investors are losing confidence and customers are unsure of what to do in the wake of diesel vehicles being targeted as the “main villain” for air pollution, especially in Delhi-NCR, according to Maruti Suzuki India chairman R C Bhargava.
Stating that growth of the industry and creation of jobs are likely to be adversely impacted due to targeting of diesel vehicles, he said India seems to be applying “western remedies for pollution to our problem”.
Bhargava said the fundamental truth that dust is the major cause of pollution in National Capital Region (NCR) is often forgotten. Citing a study by IIT Kanpur on sources of pollution in NCR, he said it found that cars are not a significant contributor to PM (particulate matter) 2.5 in NCR.
“Yet, going by what has been happening, cars and especially diesel cars, are being treated as main villain for our polluted air. Not only are the measures being enforced unlikely to make any significant difference to the air quality , but the growth of the industry, and creation of jobs are likely to be adversely impacted,” he said.
In his address to sharehol ders in the company’s Annual Report for 2015-16, Bhargava further said, “Investors are losing confidence, and customers are unsure of what to do.” He said in the west dust has never been a pollutant of significance but NOX is the main concern.