Srivasavi Adhesive Tapes Limited announced that the Company has executed Letter of Intent with SJ Korea Co., Ltd. to collaborate and synergize to enter into a Joint Venture Agreement in common field of interests and businesses in India and as well as in the Global Market. Further Srivasavi Adhesive Tapes Ltd. will promote the products in Railway, Metro, high speed Trains, Electric Vehicles and Business including Aviation and shipbuilding and other industries. Further SJ Korea will promote products like Speciality Tapes and Adhesives and Die-cuts, Aluminum extrusions with their customers and Srivasavi adhesive tapes Limited will support them for the same.