Substantial cost increase expected with new CEV BS-IV norms: MD, ACE

In an interaction with ETAuto, he elaborated on the company’s readiness for new CEV BS-IV norms and also indicated on flat to negative growth in the topline for financial year 2019-2020 due to demand slump in the market. Edited Excerpts. There will be a substantial impact on the cost of construction equipment with engines higher than 50 HP post the implementation of new emission norms in October 202o tells Sorab Agarwal, MD, Action Construction Equipment Ltd (ACE).