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India Urges Auto Companies to Cut Royalties to Foreign Parents, Say Sources

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India's commerce minister has asked automakers to find ways to reduce royalty payments to foreign parent companies for use of technology or brand names, two sources told Reuters, in an effort to boost local investment and reduce outflows.


By Reuters from NYT Business Day https://ift.tt/31ZwAIw
India Urges Auto Companies to Cut Royalties to Foreign Parents, Say Sources India Urges Auto Companies to Cut Royalties to Foreign Parents, Say Sources Reviewed by Unknown on August 18, 2020 Rating: 5

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