This paper reviews the technologies available for Bharat Stage 3 and 4 Heavy Duty on-highway emissions standards. Benchmarking data from several existing engines is used to explore the trade-offs between engine/vehicle cost and fuel consumption. Other implications of the available technologies, such as durability / reliability requirements, are also addressed. The paper provides recommendations for low cost approaches to meeting Bharat Stage 3 and 4 standards with good fuel consumption and reliability/ durability characteristics. A brief look ahead to future Bharat Stage 5 requirements is also provided.