Maruti Suzuki India: Lesser royalty as more co-developed models hit market
Oncars India | Oct 16, 2014, 11:12 AM IST
Country's largest car maker Maruti Suzuki India expects royalty paid to parent Suzuki Motor Corp to come down starting with its upcoming compact SUV as its engineers enhance their role in the joint development of future products. The company, which is investing Rs 2,000 crore on a research and development facility, including a test track, at Rohtak in Haryana, will enter the SUV and MUV (multi-utility vehicle) segment "with full bandwidth" in the next few months.





