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Strategic Global Alliances

Technical Assistance Agreement with Denso Corporation, Japan for Automotive Air Conditioner, Aluminum Radiators, Starter & Alternators.

Denso is the largest auto parts maker in the world; the largest in Japan. It is world market leader in auto air-conditioners, and has 41 companies/ subsidiaries in 21 countries around the world. DENSO is also a leading supplier of advanced automotive technology, systems and components for all the world's major automakers, with more than 106,000 associates. Global consolidated sales totaled US $27.3 billion for fiscal year ended March 31, 2006.

Technical Assistance Agreement with Furukawa Electric Company, Japan for Automotive Wiring Harnesses

Furukawa is one of the leading suppliers of Wiring Harness components in the world. It has 50 subsidiaries/ companies in 20 countries around the world. Its sale turnover in 2002-03 was around US $ 6 billion. Furukawa Electric Group aspires for a global reputation for excellence, as well as for ever-advancing technologies, fields and functions, through innovation every minute of every day.