Commerce minister Piyush Goyal 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.. In India's competitive auto market, top-selling carmakers Maruti Suzuki and Hyundai Motor's local unit pay millions of dollars in royalties to parent ... B-Commerce. Sign Up / Login. Download. Our Automotive App. Driving the Future Award-Winning Automotive OEM Power Transmission Belt Supplier Learn More. UltraPower AG™ for Lawn & Garden applications Manufacturing world-class power transmission belts for industrial OEM’s and end users. The Supreme Court has eased the restrictions on sale of BS4 vehicles in the country.; Auto makers will be allowed to sell the BS4 vehicles till April 24.; The order allows companies to sell 10% of ... The Bureau of Industry and Security (BIS) advances U.S. national security, foreign policy, and economic objectives by ensuring an effective export control and treaty compliance system, and by promoting continued U.S. leadership in strategic technologies. BIS accomplishes its mission by maintaining and strengthening adaptable, efficient, effective export controls and treaty compliance systems ... Automobile components. Chemical and pharmaceutical sector. Tourism and leisure. Renewable energies. Prospects. Slowly but surely expanding. Japan has taken a position as world leader in certain electronic consumer goods. The major Japanese banks are again taking positions on emerging markets to prevent Chinese banks from becoming too important.
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