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Hero to pay Rs 30cr/year royalty till June 2017

Royalty payments to Honda will continue till June 2017. Hero Honda spoke exclusively to CNBC-TV18's Swati Khandelwal Jain and clarified that while the existing royalty payments, till 2014, will be paid in three instalments with the total amounting to Rs 2,500 crore. And then there will be the royalty payments on new models till 2017.

first published: Apr 29, 2011 03:56 pm

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