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Royalty Latest News

  • Maruti has entered into an agreement with its Japanese parent company according to which it will be paying royalties to them in the Indian currency instead of the Japanese currency from 2025. According to our sources, India's largest carmaker is looking forward to playing a major part in the development of new models as it is planning to have a completely new product offensive in the next six years following which it will be paying royalties to Suzuki Motor Corporation in Rupees instead of Yen. Royalty payment in rupees aims to reduce average royalty rates to 5 per cent of the net sales of existing models. Comparatively, royalty payment in Japanese Yen was about 5.6 to 6 per cent for existing models.
    Maruti Will Start Paying Royalty To Suzuki In Rupees From 2025
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