ReferIndia News Ameenji Rubber secures exclusive tech license from Macroad

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Ameenji Rubber secures exclusive tech license from Macroad

Published on: July 16, 2026, 3:26 p.m. | Source: scanx.trade

Ameenji Rubber Limited signed a Technology License Agreement with Macroad Co., Ltd., Republic of Korea, on July 16, 2026, for exclusive rights to manufacture and sell licensed products in India. The deal involves an initial fee of USD 300,000 and a 2.5% royalty on net sales, with a five-year tenure aimed at boosting the company's technological capabilities.

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