VW has admitted that 11 million diesel engine cars worldwide were fitted with the software that helped in manipulating emission tests.
However, the company has claimed its vehicles are 'compliant' with the country's emission norms and that it will 'challenge' the tribunal's order.
A bench headed by NGT chairperson Justice Adarsh Kumar Goel directed the carmaker to deposit the amount within two months.
The company faces fine of up to $18 billion in the US.
Volkswagen sold about 45,000 cars in India in the year to end-March, of which about two-thirds were Polo hatchbacks
Volkswagen said the 2-litre engines would get a software update.
The emission is nine times more than cap; Volkswagen denies the claim.
The company is banking on investments lined up for product development and other innovations.
Volkswagen has admitted that 11 million diesel engine cars worldwide were fitted with the software that helped in manipulating emission tests.
Educate yourself about your car insurance policy's terms and conditions before buying or renewing it, suggests Animesh Das, head of product strategy, ACKO General Insurance.
The move will make it the first global automobile major to design a vehicle here
VW overtook Japan's Toyota in the first half of this year to become the world's biggest carmaker by sales, but is facing a sharp slowdown in its most profitable market, China.
The Pune-based research institute will design and develop car batteries and offer the technology for mass production.
Two types of deductibles are associated with auto insurance -- compulsory and voluntary.
The move to implement a proposal of star ratings on passenger vehicles, similar to those seen on electrical appliances, is likely to be delayed by several months. Stakeholders from the automobile sector and the government are divided over key facets.
Carmaker meets govt; agrees to give evaluation results by Nov-end.
We list down various ways in which you can derive the best mileage from your bike.
The AMT gear box may not seem like much of technology wizardry, but the seamless gear changes it facilitates is commendable.
Rita Mozumdar argues small vehicles have not passed the frontal impact test as required under the law
A government-instituted panel which probed the extent of non-compliance by General Motors in re-fitting pre-approved engines on Tavera models sent for inspection to meet specified emission norms, submitted its report late on Monday evening, holding the company responsible for corporate fraud.
General Motors' Tavera recall prompts Union government to formulate a stricter policy.
Tampering with electrical fittings of a car, subjecting it to improper maintenance or making unwarranted changes to it are the primary reasons behind the spurt in cases of vehicle fires, which have claimed several lives in the recent past.
The compact segment makes up for nearly 25 per cent of car sales in India.
Looks at 100 km ride on single charge, ideal for big cities
Air toxics emissions are high from older vehicles.
Model 3 received 180,000 orders worldwide.
The industry players couldn't hide their disappointment.
Faced with stricter recall & testing norms, industry puts up a brave face, saying recalls improve consumer confidence
A simple guide to find out India's best commuters, from among Bajaj CT 100, Hero MotoCorp HF-Dawn, TVS Sport, Yamaha Crux and Mahindra Pantero T4.