Live
- No major casualties reported after 6.6-magnitude quake hits Japan
- BJP’s Aruna, Rajender file nomination papers in Telangana
- Fijian Deputy PM expresses concern over skilled labour shortage
- Ludhiana court awards death penalty to woman for burying alive toddler
- Uniqus Consultech raises funds from Nexus Ventures, other investors
- As BJP hopes to retain Vadodara, Congress determined to give a fight
- PM Modi took decisive steps to bring peace in Northeast: BJP chief Nadda
- Excise policy case: Delhi court extends Manish Sisodia's judicial custody till April 26
- Another case booked against KCR's nephew
- ‘Sandhyaragam’ director Srinivas Nedunuri gets honoured at Ugadi Awards held by World Records Foundation
Just In
The world\'s largest air bag suppliers are setting up plants and ramping up capacity in India, eyeing a $2 billion opportunity thanks to tougher rules aimed at improving one of the world\'s worst road-safety records. In India, a person is killed in a road accident every four minutes - 141,000 in 2014 - yet less than a third of the 2.6 million cars sold each year have air bags in this cost-conscious market.
The world's largest air bag suppliers are setting up plants and ramping up capacity in India, eyeing a $2 billion opportunity thanks to tougher rules aimed at improving one of the world's worst road-safety records. In India, a person is killed in a road accident every four minutes - 141,000 in 2014 - yet less than a third of the 2.6 million cars sold each year have air bags in this cost-conscious market.
But a planned law that will impose crash test standards by 2017 is creating an opportunity for makers of safety equipment, as cars without air bags will achieve only the lowest safety ratings after tests. That, for the first time, will force consumers to directly consider the risks they run by buying cheap.
© 2024 Hyderabad Media House Limited/The Hans India. All rights reserved. Powered by hocalwire.com