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Maruti to Sri Lankan govt: Ease 60% mandatory export rule

As per the current rules in Sri Lanka, any auto company wanting to setup a manufacturing facility there, nearly 60 percent of whatever they produce has to be exported out of Sri Lanka which is an effort by the government to position Sri Lanka as an export hub. However, this defeats the very purpose why Maruti Suzuki wants to go to Sri Lanka.

first published: Nov 21, 2013 07:00 pm

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