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TEXT-Fitch rates Imperial Auto Bank Loans = 2

IAIL has technological agreements with LS Mitron Limited for manufacturing of rubber hoses and Kirong Climate Control Limited for testing standards and specifications. It has also obtained a technology transfer from Rain Blow Trust Industrial Co. and Teleflex Fluid Systems for brake hoses. Besides, IAIL has entered into JV agreements with Martor SRI for supplying engine tubes to Tata/FIAT JV and Tokai Rubber Industries to cater to automotive hoses requirements of Japanese original equipment