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India's rule changes are raising investment uncertainty: carmakers

Friday, February 5, 2016 - 05:50
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President and COO of Suzuki Motor Corp Toshihiro Suzuki (in brown suit) and Kenichi Ayukawa, managing director and CEO of Maruti Suzuki India, posing with the newly launched SUV Vitara Brezza at the Indian Auto Expo on Feb 3.

Mumbai

BEHIND the glitzy song-and-dance sequences at the biennial Delhi Auto Expo, executives from carmakers including Maruti Suzuki India Ltd, Honda Motor Co and Ford Motor Co are expressing concern about the sudden changes in regulation.

In December, India's top court banned the

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