ICRA predicts that a new tractor emission standard will affect 7-8% of domestic sale.

High horsepower tractors price may rise from January. The revised emission norms will be effective from January 2023.

As per the ICRA agency, the new emission standard for tractors with more than 50 horsepower engines will affect approximately 7-8% of the domestic volume. Manufacturers are expected to gradually pass on these cost increases to customers. The revised emission norms for the over 50-HP segment were originally scheduled to go into effect in October 2020 but were postponed several times due to the government taking into account industry representations amid the disruptions caused by the pandemic.

According to ICRA, a large proportion of the overall industry, less than 50 horsepower, accounting for approximately 92 per cent of sales in FY22, will continue to be governed by Bharat Stage TREM IIIA norms. Around 80% of sales come from the 30-50 horsepower categories.

The revised emission norms will be effective from January 2023. As the export models already meet the revised standards, the original equipment manufacturers (OEMs) have the readily available technological know-how to meet the revised standards.

In India, emission standards for tractors and construction equipment are regulated separately from the broader automobile industry, which has already transitioned to BS-VI standards beginning in April 2020.

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